GRR
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1.79% 27.5¢ grange resources limited.

MacBank price target of 13c probably means they are...

  1. marko_polo21
    113 Posts.
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    11/09/14
    18:39
    Post #: 13961463
    MacBank price target of 13c probably means they are accumulating. Reduction in AUD vs USD only going to benefit GRR.

    GRR has the cash, the reserves and premium product to ride out this temporary down trend. Chinese mills will re-stock again soon and we will see a minor recovery in the spot price of IO + a decrease in AUD = higher cash flow for GRR. Ya link keep selling and I will keep buying!
    GRR Price at posting: 13.5¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 5  Upvote
    lightbulb Created with Sketch.  Great analysis
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