GRR 0.00% 26.0¢ grange resources limited.

fire sale on, page-47

  1. 417 Posts.
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    Not sure if you have that capacity or not. You might have been waiting with tons of funds ready to go below 20. I will never know.

    I just note being a long-holder ramping down must have scared the pants of many that bought in around 25 and were looking at a 2 week loss of 20%.

    20c was a crazy price point to be selling just prior to ex-divi given the margins they are getting, cash holdings etc.

    Anyway, made some more $$$ on the trading and retain the large holding for the real price surge that will start occurring when the march quarterly is released. I sold some today as I am heavy, heavy on this one and took the price jump to put the capital into other iron ore stocks that pulled back. If she keeps rising then I have enough to enjoy the ride.

    I guess I should thank you as without your scary comments, sub 20 purchases may not have been possible.
 
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