GRR 0.00% 36.0¢ grange resources limited.

Quarterly predictions, page-238

  1. 166 Posts.
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    So there it is, over 200 Million in the bank or on stockpile, even after paying dividends. Still making hefty profits of arround 70 percent on the pellets, and that in the middle of a global pandemic. And it looks like, they getting out of that real estate venture. They will be sweating money in the next quarterly.
    The demand on pellets wont be ease soon with the chinese stimulus package on the way.
    I guess, it cant get any better given the economic situation. Just imagine, the crisis is over. Oh dear, i can hear the 40 cent share price knocking on the door.
 
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