GRR 0.00% 26.0¢ grange resources limited.

Still trading at Disc to Cash. Why?

  1. 394 Posts.
    Are we all said and done, do we all agree now that GRR's Cash backing is 13.65c per share?

    Do we also agree that the GRR business is a profitable one?

    In addition, do we agree that the GRR business is more likely than not to remain profitable and Cash at Bank will increase?

    And if all on here are agreeable with above, then why is GRR still trading at 12.5c (Discount to Cash)?

    P.S. Apologies to @Autosime for starting new thread title. But, as some have pointed out, $168mil Cash equiv is not quite right ATM.
 
watchlist Created with Sketch. Add GRR (ASX) to my watchlist
(20min delay)
Last
26.0¢
Change
0.000(0.00%)
Mkt cap ! $266.1M
Open High Low Value Volume
26.0¢ 26.5¢ 25.5¢ $60.19K 231.8K

Buyers (Bids)

No. Vol. Price($)
16 251646 25.5¢
 

Sellers (Offers)

Price($) Vol. No.
26.0¢ 47449 5
View Market Depth
Last trade - 12.37pm 04/12/2024 (20 minute delay) ?
GRR (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.