GRR 2.74% 37.5¢ grange resources limited.

When the boat comes in???, page-522

  1. 13,754 Posts.
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    A little while back the SP stabilised at 25-26 cents and my thinking is that when the quarterly report comes out showing that production is back to normal, that we will see the SP once again reach that level. At present we are looking at a 13% return before tax from dividends. That is almost silly territory.

    I do think 22 cents is a brilliant entry level price for investors. The difficult thing to understand is why GRR is not one of the darlings on the ASX.
 
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