GRR 0.00% 26.0¢ grange resources limited.

however much I hate it there might be some rationale to the...

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  1. 2,798 Posts.
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    however much I hate it there might be some rationale to the 0.005 dividend. whilst I'm yet to do the numbers, I understand they work on 25% free cash flow from operation less capex ahead as dividend.

    so if they are finished stdsf (which must be at its final leg!!!) and the mill changeover is not a squillion dollars, then maybe dividend payment next half (qtr????) might be more indicative....

    I'm holding ... I think there's more

    have a great day
 
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