It’s laughable! ASX has grr ranked over 500 on the asx ranking, Now grr is making more money atm than 250 stocks ranked higher!!!
On sky business today the question was ask about grr, the hosts didn’t have a clue! Thought they did normal ore! One even said they would be going to shareholders to ask for more money! I couldn’t believe what I was listening to... no idea!
The market should be looking forward, but in grr’s case I’m not so sure. If the market is so obsessed with year on year profits come the half yearly grr could be up some 400 - 500% on last year! Until then we should see another two good quarters if the pellet price holds and also get use to this trading range because the market couldn’t care less what the current pellet price is.
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