IMO GRR should do JV with MGX and Japan's Sojitz to develop Southdown, both MGX and GRR have plenty of cash to spend (500 millions and 200 millions). The project can bring value to both share price.
Expecting another good dividend for the half. 1c maybe?
Trading at cash and receivables and PE of 4, page-15
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Last
35.5¢ |
Change
-0.005(1.39%) |
Mkt cap ! $410.8M | |||
| Open | High | Low | Value | Volume |
| 36.0¢ | 36.0¢ | 35.0¢ | $238.5K | 668.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 9 | 178600 | 35.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 36.0¢ | 9266 | 3 |
View Market Depth
| Last trade - 16.10pm 19/07/2024 (20 minute delay) ? |
| GRR (ASX) Chart |