GRR 0.00% 31.0¢ grange resources limited.

Question on the SP - can we see the sp now start to nudge up as...

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    Question on the SP - can we see the sp now start to nudge up as we close in on the end of the financial year? An update on the quarterly results can only be 5 or 6 weeks away.

    Regardless of what we have been saying that GRR is invisible to the general market, I think the market can see a bargain - even if that is just around dividend time and anyone reading HC would know that GRR has delivered huge results this year and hav a huge cash reserve.

    True value for GRR has to be above 70 cents and maybe as high as 90 cents to $1. So, today's little jump could be the beginning of that move.

    Notice that none of the main IO producers did anything more than half our percentage gain today.
 
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