GRR 2.08% 23.5¢ grange resources limited.

Total of 235mil of cash and receivables.... Market cap 220mil......

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. 1,589 Posts.
    lightbulb Created with Sketch. 49

    Total of 235mil of cash and receivables.... Market cap 220mil... 65% ore price at record high... even in worst wet quarter like last one they still made healthy margin, if every quarter was similar the is PE is around 3, once normal mining resumes which it will forward PE is closer to 1... trading well under half NTA, totally incredible.... Im very comfortable to hold...They already have sold 1 of 5 apartments at budgetted price in a property downturn, must say thats bit of a egg on the face for all have bagging them for entering the property market.... property venture is only petty cash compared to the cashflow coming from the mining operations, so far so good.... Cheers

    Last edited by steven1459: 25/10/18
 
watchlist Created with Sketch. Add GRR (ASX) to my watchlist
(20min delay)
Last
23.5¢
Change
-0.005(2.08%)
Mkt cap ! $266.1M
Open High Low Value Volume
24.0¢ 24.5¢ 23.5¢ $96.74K 403.4K

Buyers (Bids)

No. Vol. Price($)
5 311733 23.5¢
 

Sellers (Offers)

Price($) Vol. No.
24.0¢ 11914 3
View Market Depth
Last trade - 16.10pm 22/11/2024 (20 minute delay) ?
GRR (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.