GRR 0.00% 31.0¢ grange resources limited.

I stumbled across GRR by reading their FY report in February,...

  1. 32 Posts.
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    I stumbled across GRR by reading their FY report in February, have been accumulating ever since and it is now my largest holding.

    Like others on here I've been wondering what I could possibly be missing. Building a projection for FY21, even in a pessimistic scenario where production is soft, iron ore pricing falls off a cliff, the AUD surges and Grange are unhedged, and their tax rate normalises in the high 20%'s the numbers still look compelling.

    The price inevitably has to run eventually, but in the meantime I am more than happy to keep building a very nice stake at this price.
 
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Last trade - 16.10pm 09/08/2024 (20 minute delay) ?
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