Still trading at Disc to Cash. Why?, page-170

"GRR, MGX, SBB, APW - what do they all have in common? Chinese execs/board/controlling shareholders..."

Hmmm, that is interesting @suti1. Attempting to look at things from a positive perspective, the reason for my interest in ASX listed companies trading below Cash equiv levels is there may be great value opportunities for GRR to utilise the shareholders' funds to build it's IO business. Surely in this current climate, GRR can take advantage of it's good financial position & use a good portion of the available funds to buy complimenting IO assets or other distressed businesses. If it's deemed that the IO market is still volatile & too 'risky' to increase investment in, then how about diversifying into other commodities or other sectors all together? Surely there are a number of avenues available to grow shareholders' wealth through investigating the many available opportunities & an ability to move on them with $100mil+ excess cash at its disposal. And if GRR cannot see any opportunity anywhere, well then why not return the excess funds (Cash) to the shareholders and let them investigate what investment opportunities they can find themselves? All things considered, is it not fair for shareholders to expect one or the other proposed scenarios to be acted upon?
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