GRR 1.02% 24.8¢ grange resources limited.

this is teetering on being silly. that is, it's nigh impossible...

  1. 2,798 Posts.
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    this is teetering on being silly.  that is, it's nigh impossible with the information available to reconcile GRR valuation so markedly below liquid assets valuation. I am sure that @miningnut has got the numbers for Q2 pretty close and I cannot believe that GRR's property squander is so deep out of the money that a 25-30% discount to cash and receivables is warranted.

    I think (a) I'll ask GRR and (b) if I don't get a sensible answer then maybe I'll prompt ASX to instigate a 'please explain'

    FAAARK!

    PS @miningnut, thanks for watching and advising re marine traffic
 
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24.5¢ 24.8¢ 24.5¢ $3.889K 15.87K

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