GRR 2.08% 23.5¢ grange resources limited.

it's being absorbed, first stop 29.5 then 30.5c, huge cup and...

  1. 782 Posts.
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    it's being absorbed, first stop 29.5 then 30.5c, huge cup and handle forming if you zoom out on daily, i can see 39c not too far off then 53 cents to complete cup depth target. I remember mgx being in a similar position, if you can hold 3-6 months , 53 cents is not that big a ask and will be still only trading around 575m mc and a p/e of 5x , so plenty of upside is not unrealistic.
 
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