GRR 2.74% 37.5¢ grange resources limited.

Ann: GRR Quarterly Report for the 3 Months Ending, page-29

  1. 497 Posts.
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    re: Ann: GRR Quarterly Report for the 3 Month... Buyback is a good idea. Latest news suggests that iron ore is getting hot again. Speeches by Chinalco chief and rio cheif support this. Majors spending biliions to ramp up. Why buy this little fish? Because GRR is the most undervalued iron ore play on the marke and has a balance sheet that trumps the majors. Coming out of one bad year caused by a one off accident.This stock is by far the best bet I can find on the asx. When prices stabilize southdown should go ahead.
 
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