When the boat comes in???, page-1754

I think the P/E is lower than 2.7.
Its true, GRR Management have no pressure to do any meaningful Investor relations, and it may not be in their interest too. Right now, they supply shangang with stable Iron Ore Pellet supply. Thats the only thing Mr Zhang seem to focus on. And why would he consider anything more ? A increased shareprice brings no benefit to the company.
But with GRR receiving these high prices for pellets, there is a pressure now to declare what they want to do with all this excess money. Once the cash in bank exceed the market capitalisation, things getting more complicated. They eigther have to spend heaps more in Development, or they need to pay out money to the shareholders. And with the capex spending in the last years, the equipment must be all new and up to standard already.

I guess now is the time, that the divident increase and the shareprice moves up.