GRR
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3.64% 26.5¢ grange resources limited.

Under value, page-4

  1. hoodle
    1,393 Posts.
    lightbulb Created with Sketch. 1191
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    09/03/21
    11:27
    Post #: 51622482

    I like to use Enterprise Value rather than market cap because it accounts for debt and cash, so it gives me a clearer picture.

    MC = $642m
    Cash = 183
    Receivables = 94
    Inventory = 123

    Enterprise value around $242m, however I haven't accounted for cash growth in Jan and Feb, so the EV is likely around $150-160m. It is outstanding value. Just think, at the current prices for io, they will exceed their current EV in less than 5 months.


    GRR Price at posting: 57.0¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 6  Upvote
    lightbulb Created with Sketch.  Great analysis
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26.5¢ 		Change
-0.010(3.64%) 		Mkt cap ! $306.6M
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27.5¢ 28.0¢ 26.0¢ $726.4K 2.695M

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5 176476 26.5¢
 

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Price($) Vol. No.
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