GRR 1.79% 27.5¢ grange resources limited.

Still trading at Disc to Cash. Why?, page-78

  1. 20,476 Posts.
    lightbulb Created with Sketch. 2023

    Stan
    Forget the past, what you bought the stock at is totally irrelevant as is what others bought it at. We are all holding today and the discussion should be is it a buy, hold or sell on today's price and the valuation gap . My simple view is its worth around 18c -20c on today's facts , assuming margin of 25 dollars plus is sustained .
    The stock isn't manipulated, it's simply in a stock with average sentiment at best and its most recent quarter was uninspiring . However if you can look through the costs and normalised costs and average production and ore movement that my friend valueseeker did very well for us all , then one can see a stock that will generate cashflow at an amazing rate relative to market cap, when that occurs the market will re rate accordingly
 
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Last
27.5¢
Change
-0.005(1.79%)
Mkt cap ! $318.2M
Open High Low Value Volume
27.5¢ 28.0¢ 27.0¢ $180.9K 665.1K

Buyers (Bids)

No. Vol. Price($)
9 315990 27.0¢
 

Sellers (Offers)

Price($) Vol. No.
27.5¢ 263908 8
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Last trade - 10.44am 01/10/2024 (20 minute delay) ?
GRR (ASX) Chart
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