GRR 2.08% 35.3¢ grange resources limited.

Trading at cash and receivables and PE of 4, page-6

  1. 864 Posts.
    lightbulb Created with Sketch. 72
    I agree with you there. That's why I'm happy to hold, despite all those items. While the cash in the bank dilutes ROE and thus valuation, it also helps put a floor on the share price (unless one thinks management will lose it all on future ventures)...in the meantime there is still some return in the divi to reduce effective entry price...
 
watchlist Created with Sketch. Add GRR (ASX) to my watchlist
(20min delay)
Last
35.3¢
Change
-0.008(2.08%)
Mkt cap ! $405.0M
Open High Low Value Volume
36.0¢ 36.5¢ 35.0¢ $373.9K 1.054M

Buyers (Bids)

No. Vol. Price($)
44 158054 35.0¢
 

Sellers (Offers)

Price($) Vol. No.
35.5¢ 124644 20
View Market Depth
Last trade - 14.41pm 21/06/2024 (20 minute delay) ?
GRR (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.