David Novac from Wealthwise Education was on the Money show yesterday and he made the following comments about GRR:
- $113M profit after tax - up 87%
- Fully franked dividend of 8%
- Earnings multiple of 3 times
- Market cap of $300M of which 2/3 of the market cap is in cash
- Net asset backing of 40 cents
- The GRR Board is taking on David's recommendation to undertake some investor presentations and will take on an Investor Relations person.
David remains Bullish on the stock and is definitely not a seller.
Great stock!!
Issues with GRR, page-16
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Last
24.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $266.1M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 55000 | 24.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 22.0¢ | 32088 | 1 |
View Market Depth
| Last trade - 09.59am 22/11/2024 (20 minute delay) ? |
| GRR (ASX) Chart |
Day chart unavailable
