GRR 0.00% 24.5¢ grange resources limited.

With the shares now trading at 16.5 cents, a 1 cps dividend is a...

  1. 406 Posts.
    lightbulb Created with Sketch. 51
    With the shares now trading at 16.5 cents, a 1 cps dividend is a 6% yield - which should be fully franked.

    A combination of a higher dividend and positive news on Southdown would put a rocket under the share price (unless management do something really stupid with our money like speculate in an unrelated business in which they have zero expertise).
 
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