grr interesting posts on why sp so low. both views make sense. i...

grr interesting posts on why sp so low. both views make sense. i am not so emphatic about a takeover price being true value at $1. have seen a few instances where sp pushed down and then takeover comes out. takeover price never seems to be the true value

a recent example was pem. worth a lot more than the 35c paid in the end. sad thing was the sp was artificaially forced down to 13c a share. then we got the takeover at close to 3 times the price. with zinc price up pem takeover made a killing.
aut was another. anything good gets pushed down and taken out
not sure what will happen with grr but happy to hold some. if gets pushed down further i will be surprised but will just wait it out. if grr rises from here as appears to be underway then all good

regardless of usual takeover story, if iron rises then should take grr up as well. in meantime divvie is good so who cares