Glad I sold all at 12.5 -13 range. Might rebuy in the 7's if it gets there and also depending on how dire this iron ore pricing situation appears. Cash is good but how much they are burning is the question. Cash with no debt gives them a cushion but not good long hold if they are burning it up.
Sad as I was always very faithful to GRR over the last few years buying the oversells and selling into the overbuys but until I get some grasp on their cash burn i might be safer to sit on the sidelines.
Glad I sold all at 12.5 -13 range. Might rebuy in the 7's if it...
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Last
29.0¢ |
Change
0.005(1.75%) |
Mkt cap ! $329.8M | |||
| Open | High | Low | Value | Volume |
| 29.0¢ | 29.3¢ | 29.0¢ | $66.35K | 228.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 9 | 83777 | 29.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 29.5¢ | 74039 | 9 |
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| Last trade - 10.13am 16/08/2024 (20 minute delay) ? |
| GRR (ASX) Chart |