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GRX Greenx Metals Limited

46.20
0.00 (0.00%)
23 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Greenx Metals Limited LSE:GRX London Ordinary Share AU0000198939 ORD NPV (DI)
  Price Change % Change Share Price Shares Traded Last Trade
  0.00 0.00% 46.20 0.00 08:00:00
Bid Price Offer Price High Price Low Price Open Price
45.40 47.00 46.20 46.20 46.20
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Investors, Nec AUD 5.02M AUD -3.53M AUD -0.0154 -58.44 205.52M
Last Trade Time Trade Type Trade Size Trade Price Currency
- O 0 46.20 GBX

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Date Time Title Posts
13/10/202307:50Greenx Metals 58
05/12/201512:23Graphene market players3

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Posted at 23/4/2024 09:20 by Greenx Metals Daily Update
Greenx Metals Limited is listed in the Investors, Nec sector of the London Stock Exchange with ticker GRX. The last closing price for Greenx Metals was 46.20p.
Greenx Metals currently has 228,355,089 shares in issue. The market capitalisation of Greenx Metals is £205,519,580.
Greenx Metals has a price to earnings ratio (PE ratio) of -58.44.
This morning GRX shares opened at 46.20p
Posted at 22/6/2023 17:45 by fillipe
I'm reading of a 63p equivalent to today's price in Poland.
Undoubtedly they will have more ears to the ground than we could call on.

Interesting times, as the buy volume steams upwards.

f
Posted at 01/12/2022 09:18 by smraynot
Absolutely Pigeonfeeder, the market makers are on superdrive today to get the price down to enable purchasing of stock. I am a firm believer that on settlement of the claim we could be £5+. Miss at your peril.🚀€640;🚀㉀0;🚀
Posted at 29/11/2022 18:47 by pigeonfeeder
Why will GRX spike when the award is announced? The courts could rule against GRX in which case the share price will plummet.

The City am article headline suggests the company will receive a payout of the full £740m claimed. The courts ruling is yet to be made public.
Posted at 29/11/2022 09:04 by someuwin
Worth looking at LIT too...

Litigation Capital Management LSE:LIT are the funders of the GRX case so stand to take 30% or so of any payout.

LIT Chairman has today purchased another £260k worth of LIT stock.

LIT is funding many other high value litigation cases (including against Google, Amazon, Carillion etc)

LIT current valuation £81m.
Posted at 07/9/2022 16:00 by someuwin
Considering these mines have both coking and thermal coal and the price of these has gone stratospheric in recent months, I'd have thought the £737 million claim is letting Poland off very cheaply now.
Posted at 01/9/2022 13:47 by plentymorefish
This share is a bit like the Grand Old Duke of York……
Posted at 06/7/2022 13:48 by dumbo4
£737m is 26 times the current mcap. As a rule of thumb in arbitration cases, a successful case might result in a payout of 1/3rd to half, say £300m. LIT might take 1/3rd of that depending on the agreement, leaving £200m which is 7.7 times the present price. I've been involved in many arbitration cases over the past 20 years, Oxus, Churchill, Rusoro (still ongoing) and feel that 7.7x the claim is not great odds but of course there are other strands to the business. What these are worth in these very negative markets is difficult to assess.
I do hold GRX. GLA
Greenx Metals share price data is direct from the London Stock Exchange

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