GRR 2.04% 25.0¢ grange resources limited.

JP Morgan Target, page-3

  1. 664 Posts.
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    I only have the summary on FNArena:

    "March quarter sales were in line with the broker's estimates, although realised pricing was softer quarter on quarter. Production was affected by adverse weather and below forecasts.

    At this stage the company continues to obtain firm pellet premia but JP Morgan believes the valuation is stretched and with continued operational risks maintains a cautious stance. An Underweight rating and 7c target are retained."
 
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