In spite of the recent SP increase to 18 cents per share, cash on the GRR balance sheet represents about 70% of its market cap.
GRR is likely to produce another EBITDA (cash operating profit) of $80m+ this current financial year.
So with no debt, oodles of cash and strong cash generation the near term prospects for GRR would seem to be very good.
Let's see what happens
Southdown Project, page-11
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Last
27.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $318.2M | |||
| Open | High | Low | Value | Volume |
| 27.5¢ | 30.5¢ | 27.5¢ | $2.494M | 8.742M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 201433 | 27.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 28.5¢ | 20000 | 1 |
View Market Depth
| Last trade - 16.10pm 27/09/2024 (20 minute delay) ? |
| GRR (ASX) Chart |