GRR 2.04% 25.0¢ grange resources limited.

Going to have around an 18c cash asset backing at 31Mar18 so...

  1. 6,756 Posts.
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    Going to have around an 18c cash asset backing at 31Mar18 so hard to see it dropping below that level especially as they'll still be making very handy cash surpluses going forward from there. Even if there is only a half cent dividend declared at the end of Feb, the market should still take notice.
    But look if there are sellers that want to sell at any price then anything is possible and the last six weeks tells us that there are such sellers in Grange.
 
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