GRR 4.00% 24.0¢ grange resources limited.

GRR Valuation, page-391

  1. gaz
    698 Posts.
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    People are worried, they need clear direction from Governments, Delta has investors spooked world wide and then add in the talk of the US starting to taper there bond purchases and you have a lot of uncertainty, there are a few head winds at the moment, but the fog will clear and then the world wide recovery will resume.
    The markets have had a fantastic run for many months as has Grange, a pull back is healthy it help place a new floor on all stocks.

    Grange are still very profitable at these IO prices and with every ship load its bank balance is growing.
 
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