Hi Alex. When you say you cannot understand why GRR is trading at such a low price.......its actually not trading at a low price relative to its valuation history against its balance sheet and earnings. Relative to history and relative to its current balance sheet and earnings its market capitalisation is healthy and could easily move lower. GRR is a high cost producer thats why its share price swings so much as the iron ore price moves.
Hi Alex. When you say you cannot understand why GRR is trading...
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Last
41.5¢ |
Change
0.010(2.47%) |
Mkt cap ! $480.2M | |||
| Open | High | Low | Value | Volume |
| 41.0¢ | 41.5¢ | 40.3¢ | $281.6K | 691.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 39024 | 41.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 41.5¢ | 49997 | 1 |
View Market Depth
| Last trade - 16.10pm 03/05/2024 (20 minute delay) ? |
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Last
41.3¢ |
Change
0.010 ( 2.18 %) |
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| Open | High | Low | Volume | ||
| 40.5¢ | 41.3¢ | 40.3¢ | 291338 | ||
| Last updated 15.59pm 03/05/2024 ? | |||||
| GRR (ASX) Chart |