GRR 2.04% 25.0¢ grange resources limited.

Property JV, page-11

  1. 4,458 Posts.
    lightbulb Created with Sketch. 45
    I have voted against resolutions.

    $8 million over a few years. Yes its a mistake by the directors, but is a drop in the pond in the scheme of things. Market cap is down $50 million because of it. Massive over reaction.

    We have around 20 cents per share in cash and making $20-$30 million per quarter at the moment. GRR is swimming in money and profits right now.

    The directors will have their day of reckoning at the AGM shortly.
 
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