As a non holder I would expect nothing different from you...
However nobody knows what normal levels will be going forward , longterm averages are the only thing that really count , lows and highs don't last long with IO and the lows appear to be on an upward trend.
if you take an average price for IO in A$ over the last 6 years and tack on Pellet premiums GRR did very well indeed , if you go back further the averages are even better, survive the lows and thrive in the highs, its all about averages and GRR can add cash at quite a low average.
Debt free and as of today probably around $570m in cash and recievables dont worry about us.
Cheers Whisky
GRR Valuation, page-380
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Last
31.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $358.7M | |||
| Open | High | Low | Value | Volume |
| 31.0¢ | 32.3¢ | 31.0¢ | $465.1K | 1.472M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 131681 | 31.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 32.0¢ | 28097 | 3 |
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| Last trade - 16.10pm 09/08/2024 (20 minute delay) ? |
| GRR (ASX) Chart |