GRR 0.00% 25.5¢ grange resources limited.

I'm not disagreeing with stantrent71's suggestion at all, but...

  1. 406 Posts.
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    I'm not disagreeing with stantrent71's suggestion at all, but given (i) GRR has a controlling majority shareholding (ii) there is limited liquidity in the company's shares (for large investors) and (iii) the board's miserly dividend policy and (iv) the board's on-going indifference to the share price, I have to ask why anyone would want to prop up the share price ? The only sensible answer I can come up with is that whoever is doing it has a position which they want to get rid of which is too large to sell on market without driving the share price down and they are trying to force investors who do want to buy to bid above their bids?
 
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25.0¢ 25.5¢ 25.0¢ $88.75K 350.4K

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4 20287 25.0¢
 

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25.5¢ 160142 7
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Last trade - 16.10pm 29/11/2024 (20 minute delay) ?
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