I think it's because people can't see a bottom. Last nights moves were eye catching ... US8 and US$10 for 62% and 65% fines respectively. What's interesting is (a) higher grade depreciating faster; (b) pellet premium also depreciating. Suggests market is not discrimination.... not that ever has
GRR holders focus really should be on volumes ... this will be the real litmus test of it's market product ranking.
Watch the "Next ship" thread ...
GRR Valuation, page-390
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Last
24.0¢ |
Change
-0.010(4.00%) |
Mkt cap ! $277.7M | |||
| Open | High | Low | Value | Volume |
| 25.0¢ | 25.3¢ | 24.0¢ | $441.8K | 1.789M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 11 | 177956 | 24.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 24.5¢ | 20896 | 3 |
View Market Depth
| Last trade - 16.10pm 16/09/2024 (20 minute delay) ? |
| GRR (ASX) Chart |