Hi all some thoughts after the AR.
After this report and divy announcement I would like to propose a name change - Grinch Resources Limited - hows that sound it would then be living up to its name - versus Grange which implies something completely different.
Additionally and in my humble opinion - learn a lesson about investing in Australian companies, controlled by the Chinese.
PE of 2.6 (25.5/9.8) - NTA of 38c (off Market Index site) trading at 25.5c - Earnings 9.8c - Div 2c - no debt - cash $205M - and an entity unknown pushing the price down - see how many of them you can find.
Cheers - back to my beer instead of the Grange.
Hi all some thoughts after the AR. After this report and divy...
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