GRR 0.00% 33.0¢ grange resources limited.

Still trading at Disc to Cash. Why?, page-220

  1. 394 Posts.
    "The stock is set for a big rerate next quarter."

    @Autosime why isn't this stock having a big rerate this Qtr? Why not today even?

    Honesty by all reports (GRR anns included) the company has strong revenues (forward orders 2016-17), little debt, upgraded plant & equip, good long term mining assets (Savage R & Southdown) and big Cash holdings ($150mil+). Other than sp or should I say shareholder manipulation, what logical reason is there? The way trading is looking today I wouldn't be greatly surprised if they managed to close the sp at 11c again today. It's farcical!
    ***
 
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Change
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Mkt cap ! $381.9M
Open High Low Value Volume
33.0¢ 33.5¢ 33.0¢ $168.5K 508.9K

Buyers (Bids)

No. Vol. Price($)
6 102285 33.0¢
 

Sellers (Offers)

Price($) Vol. No.
34.0¢ 47132 2
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