Did a quick calcultation on share valuation compared to company cash holding and GRR is currently trading at a discount... Share price today 10.2cps, valuation on cash holding is 13cps.
If we conseravtively forecast additional cashflow of $10M per quarter (vs $13.6M rec_d in qtr 4, 2014) the valuation goes to 17cps by end 2015.
Column 1 Column 2 Column 3 Column 4 Column 5 0 Period Forecast additional cashflow Forecast Cash reserves SP value on forecast cash reserves Apreciation (Cost/Valuation) 1 Q4, 2014[/B] $ - $ 153,600,000 $ 0.13 32% 2 Q1, 2015 $ 10,000,000 $ 163,600,000 $ 0.14 41% 3 Q2, 2015 $ 10,000,000 $ 173,600,000 $ 0.15 50% 4 Q3, 2015 $ 10,000,000 $ 183,600,000 $ 0.16 58% 5 Q4, 2015 $ 10,000,000 $ 193,600,000 $ 0.17 67%
Qtr 1 2015 dividend, page-4
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Last
31.5¢ |
Change
0.005(1.61%) |
Mkt cap ! $370.3M | |||
| Open | High | Low | Value | Volume |
| 31.0¢ | 32.3¢ | 31.0¢ | $111.0K | 349.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 15 | 170700 | 31.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 32.0¢ | 148235 | 31 |
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| Last trade - 11.41am 09/08/2024 (20 minute delay) ? |
| GRR (ASX) Chart |