GRR 2.74% 37.5¢ grange resources limited.

GRR Valuation, page-24

  1. 1,571 Posts.
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    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.
 
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