GRR 2.74% 37.5¢ grange resources limited.

sp = cash position minus ~20%, page-11

  1. 844 Posts.
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    Great post stlamc.

    Many of you might know this site, but I only found it today. About IO price

    http://www.macrobusiness.com.au/2013/05/daily-iron-ore-price-update-oh-dear/#comments

    Commodities are volatile and like the market they overshoot.

    There is another site. Google gapminder and check out the interactive chart on wealth of nations. Just watch china and also India. These countries are powering through. Their industrialisation will continue for decades and all need commodities.

    And the AUD can't stay this high for ever.

    I am very content with Grange and the way they are responding to the short term challenges.
 
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