GRR 2.08% 23.5¢ grange resources limited.

I likewise see the undervaluing of GRR, but one main reason it’s...

  1. 366 Posts.
    lightbulb Created with Sketch. 23
    I likewise see the undervaluing of GRR, but one main reason it’s SP remains low to NTA is the fact that it is a one mine company. Yeah, great revenues coming in but what about future growth? Too much capex to do anything alone with Southdown, and not sure the billion+ needed is likely to be forthcoming.

    However, having said that it’s worth accumulating < 20 cents cum dividend which I will likely do...DYOR
 
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