GRR
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1.39% 35.5¢ grange resources limited.

In spite of the recent SP increase to 18 cents per share, cash...

  1. daicosisgod
    12,573 Posts.
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    05/11/17
    13:56
    Post #: 28512141
    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
    GRR Price at posting: 18.0¢ Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 3  Upvote
    lightbulb Created with Sketch.  Great analysis
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Last
35.5¢ 		Change
-0.005(1.39%) 		Mkt cap ! $410.8M
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36.0¢ 36.0¢ 35.0¢ $238.5K 668.8K

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9 178600 35.5¢
 

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36.0¢ 9266 3
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Last trade - 16.10pm 19/07/2024 (20 minute delay) ?
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