David Novac from Wealthwise Education was on the Money show yesterday and he made the following comments about GRR:
- $113M profit after tax - up 87%
- Fully franked dividend of 8%
- Earnings multiple of 3 times
- Market cap of $300M of which 2/3 of the market cap is in cash
- Net asset backing of 40 cents
- The GRR Board is taking on David's recommendation to undertake some investor presentations and will take on an Investor Relations person.
David remains Bullish on the stock and is definitely not a seller.
Great stock!!
David Novac from Wealthwise Education was on the Money show...
Add GRR (ASX) to my watchlist
 (20min delay)
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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 |
