GRR 0.00% 24.5¢ grange resources limited.

Why so cheap?

  1. 2 Posts.
    Could someone please hint to why at current prices GRR seems so undervalued?

    Price to book ratio of around 0.6 and a price to cash flow ratio of 3 seems absurd. With the amount of cash the company has it seems like a low risk, high return investment at these levels. Especially with the high IO pellet prices atm.

    Would love for some people to explain why I’m wrong and why I shouldn’t invest heavily.

    Cheers.
 
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