GRR 1.79% 27.5¢ grange resources limited.

When the boat comes in???, page-1752

  1. 1,380 Posts.
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    I hold this stock, because their has to be a re-rate in the near future, otherwise it is likely in a years time the market cap will approximately equal cash at bank (unless they decide to spend it on something left field).

    What I like is
    High margins at the moment
    Lots of cash backing (underwrites SP)
    Operationally seems to be well run
    IO on a tear

    What I don't like
    Management don't engage with share holders
    Chinese customer largest shareholder
    Absolutely no promotion
    Absolute bare minimum communication with shareholders and the market.
    Lots of cash backing (lazy balance sheet)

    GLTAH



 
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Last
27.5¢
Change
-0.005(1.79%)
Mkt cap ! $318.2M
Open High Low Value Volume
27.5¢ 28.5¢ 27.0¢ $822.9K 2.979M

Buyers (Bids)

No. Vol. Price($)
10 165214 27.0¢
 

Sellers (Offers)

Price($) Vol. No.
28.0¢ 216694 7
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Last trade - 16.10pm 30/08/2024 (20 minute delay) ?
GRR (ASX) Chart
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