Because there are people buying on the wrong days and selling on the wrong days. I wish I was a buyer today at 23-23.5 but went a little bananas today on ago and overspent.
Grr has many more price gains to come but ago below 4c producing 16 million tons represents too awesome an opportunity to miss .
Grr has the better product with more margin but the tassie mine won't produce more than about 2.6 million tons so whilst margin is high, a producer with more production and lower margin will end up making more profit. I still have grr representing a huge percentage of portfolio but now analysing growth options from this point in time.
Because there are people buying on the wrong days and selling on...
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Last
23.0¢ |
Change
-0.005(2.13%) |
Mkt cap ! $266.1M | |||
| Open | High | Low | Value | Volume |
| 23.5¢ | 23.8¢ | 23.0¢ | $388.3K | 1.673M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 20 | 650756 | 23.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 23.5¢ | 105687 | 4 |
View Market Depth
| Last trade - 16.10pm 15/11/2024 (20 minute delay) ? |
| GRR (ASX) Chart |