"Maybe when you look at Grange in a few years time it will no longer be 24-25c. Its downside is limited and the upside is at least double."
That is to far into the future the here and now says we should be closer to 50c than 24c once Brazil ramps up again i cannot see these prices hanging around for ever also IO is a commodity that is plentiful all over the world especially in undeveloped deposits in Africa etc. In a few years time we may be only getting > $100 a tonne
I have been holding for close to 10 years trading a small amount along the way but do have an exit plan which i hope would have been around 50c. Everyone has a different investment strategy mine has been more towards capital gains which have not happened. There are worse investments out there but feel GRR has underperformed.
"Maybe when you look at Grange in a few years time it will no...
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Last
26.0¢ |
Change
0.005(1.96%) |
Mkt cap ! $300.9M | |||
| Open | High | Low | Value | Volume |
| 26.0¢ | 26.5¢ | 25.5¢ | $224.3K | 860.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 121209 | 26.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 26.5¢ | 286541 | 9 |
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| Last trade - 16.10pm 11/10/2024 (20 minute delay) ? |
| GRR (ASX) Chart |