GRR 0.00% 25.5¢ grange resources limited.

On the off chance anyone believes this I commented if MGX bought...

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  1. 15,774 Posts.
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    On the off chance anyone believes this I commented if MGX bought GRR I would sell MGX in a heart beat .
    DJ
    Did you have a look at the old quarterlies. 2 years ago Grr has 139 m in cash and nearly 550k in inventory. There cas costs were 80 and were talking about costs falling . In then next new two years they have continued to have high costs averaging mid 80s if you exclude last quarter and well over 100 if you include it.
    Now here is the thing I don't like . They are the only IO producer that discloses only cash costs and they Started as of about a year disclosing receivables ( without payables ) so if you disclose cash without debt, receivables without payables and cash costs you are not being transparent . Looking at the last two years cuts through the fluff and shows they haven't achieved much at all and really balance sheet is now weaker than back than if you adjust for debt and inventory draw down
 
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Last
25.5¢
Change
0.000(0.00%)
Mkt cap ! $266.1M
Open High Low Value Volume
25.0¢ 25.5¢ 25.0¢ $88.75K 350.4K

Buyers (Bids)

No. Vol. Price($)
4 20287 25.0¢
 

Sellers (Offers)

Price($) Vol. No.
25.5¢ 160142 7
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Last trade - 16.10pm 29/11/2024 (20 minute delay) ?
GRR (ASX) Chart
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