GRR 4.11% 38.0¢ grange resources limited.

Issues with GRR, page-16

  1. 56 Posts.
    lightbulb Created with Sketch. 11
    David Novac from Wealthwise Education was on the Money show yesterday and he made the following comments about GRR:
    1. $113M  profit after tax - up 87%
    2. Fully franked dividend of 8%
    3. Earnings multiple of 3 times
    4. Market cap of $300M of which 2/3 of the market cap is in cash
    5. Net asset backing of 40 cents
    6. The GRR Board is taking on David's recommendation to undertake some investor presentations and will take on an Investor Relations person.

    David remains Bullish on the stock and is definitely not a seller.

    Great stock!!
 
watchlist Created with Sketch. Add GRR (ASX) to my watchlist
(20min delay)
Last
38.0¢
Change
0.015(4.11%)
Mkt cap ! $431.1M
Open High Low Value Volume
37.0¢ 38.0¢ 36.8¢ $261.7K 702.8K

Buyers (Bids)

No. Vol. Price($)
10 98531 37.5¢
 

Sellers (Offers)

Price($) Vol. No.
38.0¢ 98737 10
View Market Depth
Last trade - 14.25pm 12/07/2024 (20 minute delay) ?
GRR (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.