GRR 0.00% 24.5¢ grange resources limited.

Ann: GRR - Quarterly Report for 3 months ended 30 September 2018, page-20

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  1. 4,695 Posts.
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    The unit that is supposed to be sold would only be an off the plan sale. A deposit would have been paid, either a 10% payment or a bank guarantee for the 10%.
    Nothing is sold until the building is complete and final signoff  and registration finalised and the balance of the purchase monies paid.
    Otherwise its just cheap talk, I remember  years ago a developer had sold nearly 50% of this 40 odd units in this development.
    Today 8 years later it sits unfinished as the buyers pulled out and then the bank pulled the pin.

    Development.png
 
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