Good morning Idle Wanderer
Maybe the lockdown is getting to you.
You are wrong that Shagang wants to minimise divvies. You only nred to look at history . . . in 2018 NPAT was $77 million yet the BOD paid divvies of $23 million, well above their dividend policy . . . similarly in 1H19 when we had an extended period of removing cover the BOD still paid up the usual divvy.
As far as Pacific International goes it is their choice to register or not register for GST . . . registering for GST is not compulary.
As far as Pacific International having an address in Australia that is not unusual. Anybody can have an address in more than one country.
As far as Shagang goes they have invested in Grange to secure a source of high quality low emmission pellets for their steel mill . . . Shagang's agenda is not to make CGT free sales on trading shares.
Time to get the tin foil hat off and enjoy life. I actually like lockdowns . . . it gives me time to chase the girlfriend around the house . . . lol.
GRR Valuation, page-109
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Last
37.5¢ |
Change
0.010(2.74%) |
Mkt cap ! $434.0M | |||
| Open | High | Low | Value | Volume |
| 37.0¢ | 38.0¢ | 36.8¢ | $355.7K | 952.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 29999 | 37.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 38.0¢ | 61833 | 4 |
View Market Depth
| Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
| GRR (ASX) Chart |