GRR 0.00% 43.0¢ grange resources limited.

GRR Valuation, page-4

  1. 1,281 Posts.
    lightbulb Created with Sketch. 1093

    It looks like if weadd the cash from 31 Dec $183m and the profit from the last two quarters ($171m and$253m courtesy of @miningnut ) we should have cash of around $607m.

    Current market cap at $0.52 is $590m.

    If you take out Dec 2021 figures

    Receivables = 94

    Inventory = 123


    We get a negative EV.


    EV negative 234m

    Tax would need to come off the cash figure, but when that is due we will have another three quarters of cash rolled in.

    So around 72c cash/inventory/receivable backing. That doesn't factor in any value for the mines. IO is at all time highs. Crazy.

 
watchlist Created with Sketch. Add GRR (ASX) to my watchlist
(20min delay)
Last
43.0¢
Change
0.000(0.00%)
Mkt cap ! $497.6M
Open High Low Value Volume
43.5¢ 44.0¢ 43.0¢ $697.3K 1.613M

Buyers (Bids)

No. Vol. Price($)
1 7001 43.0¢
 

Sellers (Offers)

Price($) Vol. No.
43.5¢ 200995 5
View Market Depth
Last trade - 16.10pm 08/05/2024 (20 minute delay) ?
Last
43.0¢
  Change
0.000 ( 0.82 %)
Open High Low Volume
43.5¢ 43.5¢ 43.0¢ 241841
Last updated 15.59pm 08/05/2024 ?
GRR (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.