GRR 3.03% 32.0¢ grange resources limited.

earning profit $116m pa mc $519m, page-12

  1. 1,463 Posts.
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    Would be interested to see any producing IO company that went down 90%...none at all..until now GRR has been down the most as far if you look to producers. So do not compare GRR to GBG or MMX styles companies, or should you?? Well you should because Southdown is the same kind of project, not even with finance arranged, capping the share price of GRR. Only way up is to drop the project, if they don´t NO div. payments anymore. And please if GRR is such a great company, please explain the future upside? selling SD project to RIO for $500 mln,would be fantastic deal. Cash in 70% and a steady producer of 2 mln + tpa of pallets in tasmania would bring shareprice back to where it belongs. As long southdown is in their possesion it´s capping the share price imho
 
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32.0¢
Change
-0.010(3.03%)
Mkt cap ! $370.3M
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33.0¢ 33.8¢ 32.0¢ $532.4K 1.634M

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No. Vol. Price($)
19 517544 32.0¢
 

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Price($) Vol. No.
32.5¢ 15588 1
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