GRR 2.78% 37.0¢ grange resources limited.

David Novac from Wealthwise Education was on the Money show...

  1. 56 Posts.
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    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!!
 
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Last
37.0¢
Change
0.010(2.78%)
Mkt cap ! $428.2M
Open High Low Value Volume
36.5¢ 37.5¢ 36.0¢ $958.8K 2.616M

Buyers (Bids)

No. Vol. Price($)
1 136986 36.5¢
 

Sellers (Offers)

Price($) Vol. No.
37.0¢ 33887 1
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Last trade - 16.10pm 26/06/2024 (20 minute delay) ?
GRR (ASX) Chart
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