GRR 0.00% 26.0¢ grange resources limited.

Still trading at Disc to Cash. Why?, page-518

  1. 8,420 Posts.
    lightbulb Created with Sketch. 59
    Most times in life, the simplest explanation is the correct one (especially as opposed to conspiracy theories). Two simple explanations:

    1. Anyone who bought in the 8's & low 9's is sitting on a 50% profit now so no doubt there is some profit-taking.
    2. Market waiting for company to demonstrate its costs are under control

    Cheers, Sharks.
 
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