$161.50t divided by 72c AUD = $224.30t
Holy crapper is that correct??
I agree with rocket, the fun has just started, this was seriously undervalued when pellet prices were even low, with current pellet prices its going to go much higher.... I feel short to medium term 50c is on the cards if pellet prices stay strong which is predicted... Money they will be making will force the market to give it much better valuation no matter if Chinese holder or property venture...
It hit 52 week high, on the chart its broken the 12 month resistance of 22c... I predicting a gap up on Monday going by the buying pressure on friday, if it clears 27-28c resistance... pretty much blue sky from there.....
Cheers
Pellet Price, page-626
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Last
27.0¢ |
Change
0.010(3.85%) |
Mkt cap ! $312.4M | |||
| Open | High | Low | Value | Volume |
| 27.0¢ | 28.5¢ | 26.5¢ | $751.7K | 2.744M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 21231 | 27.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 28.0¢ | 106676 | 3 |
View Market Depth
| Last trade - 16.10pm 02/10/2024 (20 minute delay) ? |
| GRR (ASX) Chart |