GRR 1.92% 26.5¢ grange resources limited.

IMO, the real answer to the question of where the sp goes, is...

  1. 394 Posts.
    IMO, the real answer to the question of where the sp goes, is wherever 'someone' wants to push it. Is there more incentive to push it up, or more incentive to push it down? My tip, is the sp will come back to cash backing somewhere in the next 3-4months. It'll be slowly slowly, half a cent here half a cent there, they don't need and won't rush it. Like a boa constrictor squeezing the life out of it's prey.

    Will there be new investors/shareholders wanting in? I think there will be none now or in the immediate future, but possibly/hopefully the interest might be rekindled in Aug/Sept in the expectation of a better divi.

    Now we're X Dividend, so we wait another 6 months, hope & pray the IO price holds up and for better generosity from Big Brother. Yeah I know what many keep saying, "we GRR shareholders need to be patient." Boy, do we need to be patient!
    ***
 
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