GFU,
Any historical comparison of GRR is bound to compare Apples & Oranges:
2008 and before, Grange was a Project company, with lots of resource, but no cash flow, which need US$ BILLION+ to execute the Southdown Project.
2009 and subsequent, Grange owns a substantial business in Tasmania selling 2+ million tonnes of pellets and generating several hundred millions of dollars worth of revenue.
Obviously, the market doesn't see that revenue generating much POSITIVE CASH FLOW, which is very leveraged to the pellet price, set annually.
chalk it down bottom dweller 2010 the year.??, page-4
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Last
36.0¢ |
Change
-0.010(2.70%) |
Mkt cap ! $416.6M | |||
| Open | High | Low | Value | Volume |
| 36.5¢ | 36.5¢ | 35.5¢ | $621.5K | 1.727M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 46745 | 35.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 36.0¢ | 45534 | 3 |
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| Last trade - 16.10pm 10/07/2024 (20 minute delay) ? |
| GRR (ASX) Chart |