The Your Money (Foxtel) session referred to above was on about 12.31pm AEDT. David Novac said he had met with Chair & CFO last week in Perth. He has provided Chair & CFO with a number of recommendations.
He suggested to them (i) cleaning up about 1,000 shareholders who hold unmarketable parcels via off-market buyback (ii) appoint an Investor Relations executive; (iii) have independent report produced for inclusion on the balance sheet. Had high level of optimism that 12 month net profit (Period ended 31 Dec 2018) was much higher than $100m and PE of 2x. The other key words he corrected the other commentator was that GRR was a pure magnetite iron ore pellet producer. He also stated his intrinsic share valuation was between $0.50 and $0.60 and he was not selling.
The Your Money (Foxtel) session referred to above was on about...
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Last
31.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $358.7M | |||
| Open | High | Low | Value | Volume |
| 31.0¢ | 31.5¢ | 30.5¢ | $666.9K | 2.150M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 241791 | 30.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 31.5¢ | 42416 | 2 |
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| Last trade - 16.10pm 08/08/2024 (20 minute delay) ? |
| GRR (ASX) Chart |