GRR 0.00% 31.5¢ grange resources limited.

chalk it down bottom dweller 2010 the year.??, page-20

  1. 249 Posts.
    No problem, you know what they say about opinions. They are like a_holes. Everyone has one.

    Anyway, I am hopeful that many of your stocks will be in the black eventually if you sit tight. The next commodity boom (really big) is still a coiuple of years away. (NOT NOW despite all the Hoo Hah).

    At some stage (for a brief period), P/E, EBITYA, NPV, CAPEX, OPEX, matters nothings.

    The sheer speulcative frenzy will drive every stock into the stratosphere regardless of fundamentals.

    That the time to DITCH ! It not easy, maybe sell them in 20% batches over a period of a year or two.

    In any case, a ASX-200 6900-3100 plunge is not going to happen again anytime soon.

    The danger in future will be China hitting a snag or thier bubble burst plus there is a huge oversupply of IO (everyone is digging frantically. If there is a future demand, you will get a mining bust - not on the same scale of the GFC).

    The beauty then, is that everything will be nice and dandy again in a couple of years.

    Buy back on the cheap. A sure way to multiply your wealth.

    Easier said than done !




 
watchlist Created with Sketch. Add GRR (ASX) to my watchlist
(20min delay)
Last
31.5¢
Change
0.000(0.00%)
Mkt cap ! $364.5M
Open High Low Value Volume
31.5¢ 31.5¢ 30.0¢ $1.333M 4.317M

Buyers (Bids)

No. Vol. Price($)
4 116755 30.5¢
 

Sellers (Offers)

Price($) Vol. No.
31.5¢ 93895 3
View Market Depth
Last trade - 16.10pm 02/08/2024 (20 minute delay) ?
GRR (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.