GRR 2.53% 38.5¢ grange resources limited.

Still trading at Disc to Cash. Why?, page-165

  1. 394 Posts.
    "what a totally freakin' insane thing to do - Phase 1: Collect underpants"

    @soggywinks Hmmm, collecting underpants? Well not sure if it's insanity, but does seem a little odd

    "I dare say the company already has documents drawn up to do an on-market buyback if the stock falls to, say, 10c. They'd be silly not to."

    I'd like to see that. Certainly would be a helpful move to counter the trading that keeps GRR's market cap way under 'true' value.

    "the other stock trading under cash is KAR. If anyone knows of any others, I'd love to hear them ..."

    That makes two of us. Anybody have a list of ASX listed companies that are trading below Cash equiv levels? Particularly IO sector.
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