GRR 2.22% 22.0¢ grange resources limited.

Nice photo, this shows what the management truly is! No wonder...

  1. 4,080 Posts.
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    Nice photo, this shows what the management truly is! No wonder GRR has such a unbelievable low PE and discounted share price for so long.

    A few years a go at the Iron ore's low, MGX was early 20s and GRR early 10s (22.5 vs 11.5 cents something), both holding big cash.
    Today MGX is nearly 6 times high, and GRR merely doubled.
    I don't see much different between the 2, I can only conclude the quarterly of GRR is the problem.
 
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