So, from a sector perspective you might thinks grr should be...

So, from a sector perspective you might thinks grr should be trading at:
on P/E -> 0.18/2.3 * 12.74 = A$0.997
GRR probably be valued at around cash backing -> A$0.16

Yep. 16c sp is a lot more likely senario than 99c.

But its understandable if you use this formula...

DD (what the shareholders get paid) x 16.96 (Sector P/E) = P(sp)

1c x 16.96 = 17c sp

Yes I'm just playing around with numbers, but as silly as it is, it's closer to the truth than any of these...
on P/E -> 0.18/2.3 * 12.74 = A$0.997
on P/B -> 0.18/0.64 * 1.55 = A$0.436
on P/S -> 0.18/0.77 * 3.81 = A$0.891

Sad, but true.
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