Well they have not come any further then investing in real estate.
They do not seem to be entrepeneural enough to come up with some good investments ideas.
Neither do I have the feeling that they have some proffesional parties search projects for them..
They just sitting on a cash balance of between 150-200 mio the last 10 years, did a good job running the mine but that is it.
Them setting up SD doesn't sound like a good plan, so lets hope somebody else has interest, maybe it has to get more clear that high grade IO (read pellets) will be the future and prices stay high.
I hope they will give the coming months more indication what they will do with this excessive amount of cash.
- Forums
- ASX - By Stock
- GRR
- Grange's Iron ore pellets at A$427/tonne
Grange's Iron ore pellets at A$427/tonne, page-71
-
- There are more pages in this discussion • 360 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add GRR (ASX) to my watchlist
|
|||||
Last
31.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $358.7M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 600 | 34.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
28.5¢ | 100 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 916 | 0.340 |
2 | 29640 | 0.325 |
3 | 37589 | 0.320 |
2 | 40228 | 0.315 |
12 | 785135 | 0.310 |
Price($) | Vol. | No. |
---|---|---|
0.285 | 2855 | 2 |
0.305 | 2307 | 2 |
0.320 | 25395 | 2 |
0.325 | 97178 | 4 |
0.330 | 358822 | 7 |
Last trade - 09.43am 12/08/2024 (20 minute delay) ? |
Featured News
GRR (ASX) Chart |
Day chart unavailable