GRR 0.00% 31.0¢ grange resources limited.

Have to agree Mah - and the cash in the bank plus no liabilities...

  1. 13,821 Posts.
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    Have to agree Mah - and the cash in the bank plus no liabilities or loans would limit any damage done by happenings outside of their control.

    Easy to get really excited by such a company (and I know I am) but not much foreseeable downside.

    I have done a little searching but I have not been able for find another shares with the balance that GRR has so it fits well into my modest portfolio at the moment. Rare entity that promises good returns (maybe even improving returns) and strong possibility of a significant capital value gain within a relatively short period. Next 12 months - if no disasters occur - will see a stronger company and perhaps a much stronger SP. At the moment, an investors dream.

    We all know that things can happen that won't be helpful and we also know that GRR needs to expand (SD being the obvious avenue) but in the medium term, this is looking the goods.
 
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