GRR 0.00% 24.0¢ grange resources limited.

Ann: Grange Resources Limited Appendix 4E - 31 December 2018, page-26

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 590 Posts.
    lightbulb Created with Sketch. 41
    Why do you think this. Have you crunched the numbers to know it wouldn't be value destructive?

    I get worried all the cash they have they'll piss up the wall like so many resource companies before them. I've been long a while and combined with divs have bagged over 100% but still took some money off the table in the past week or two as the current situation of super low pe, high cash, high P/NAV, a mothballed large magnetite project etc has existed for a long time and see no catalyst to make the market rerate. Lots of us on here have seen value for a long time but the market hasn't really cared. 100% is 100%, but with a rerate that would be a true multi bag....The company has no care for us retail holders just one large shareholder.

    The only way to really agitate is combined shareholder action and even with everyone it's not a majority, they know this...

    my opinion only DYOR
 
watchlist Created with Sketch. Add GRR (ASX) to my watchlist
(20min delay)
Last
24.0¢
Change
0.000(0.00%)
Mkt cap ! $266.1M
Open High Low Value Volume
24.0¢ 24.5¢ 24.0¢ $90.91K 378.6K

Buyers (Bids)

No. Vol. Price($)
6 447281 23.5¢
 

Sellers (Offers)

Price($) Vol. No.
24.0¢ 95526 9
View Market Depth
Last trade - 15.13pm 22/11/2024 (20 minute delay) ?
GRR (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.