GRR 0.00% 26.0¢ grange resources limited.

the company value was equivalent of cash/inventory. nothing was...

  1. 417 Posts.
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    the company value was equivalent of cash/inventory. nothing was factored into the value of the business. they could be making at least $30- AUD margin on 2.6 million tons at the moment. If the margin is $30- then that equates to profit before tax of $75 million. not bad for a business valued as worthless. at 30c the market cap would only be just over $300 million. this quarterly will be a smasher me thinks and someone is onto it. should be released within 1 week. normally quite a boring stock but things are just starting to heat up.
 
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