The Chinese controlled company has no intention to return profit to shareholders, rather, it is their interest to produce more Ore to feed into the parent Chinese steel maker.
GRR could make hefty profit but the Div is low and will be low, they simply re-invest the profit to generate more ore production.
Dividend payment, page-10
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Last
36.8¢ |
Change
0.008(2.08%) |
Mkt cap ! $416.6M | |||
| Open | High | Low | Value | Volume |
| 36.0¢ | 37.0¢ | 36.0¢ | $327.7K | 897.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 17 | 186763 | 36.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 37.0¢ | 14425 | 5 |
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| Last trade - 12.58pm 11/07/2024 (20 minute delay) ? |
| GRR (ASX) Chart |