GRR 2.74% 37.5¢ grange resources limited.

GRR Valuation, page-24

  1. 1,571 Posts.
    lightbulb Created with Sketch. 328
    I think one of the major catalysts to blow the lid of the SP is in the hands of the BOD . . . if they pay out even just 16% of profit (revenue minus C1 costs) as they did on the previous dividend then that will instill a lot of trust in the BOD . . at least 4 cents is due . . . if they honour up then I reckon the SP will be $1.00 before the end of 2021.

    And if the pellet price stays around where it is then I would calculate a divvy next March of 6 cents with a SP of $1.50 . . . still way under valued at that.
 
watchlist Created with Sketch. Add GRR (ASX) to my watchlist
(20min delay)
Last
37.5¢
Change
0.010(2.74%)
Mkt cap ! $434.0M
Open High Low Value Volume
37.0¢ 38.0¢ 36.8¢ $355.7K 952.7K

Buyers (Bids)

No. Vol. Price($)
1 29999 37.5¢
 

Sellers (Offers)

Price($) Vol. No.
38.0¢ 61833 4
View Market Depth
Last trade - 16.10pm 12/07/2024 (20 minute delay) ?
GRR (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.