GRR 2.08% 23.5¢ grange resources limited.

GRR chart, page-39

  1. 93 Posts.
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    There are some apparently similarities, when you compare their charts, I take for example 5 year time frames:
    https://hotcopper.com.au/data/attachments/1475/1475041-1ff20c8afe4b7992853731b798d5724b.jpg
    https://hotcopper.com.au/data/attachments/1475/1475043-bae2ddd52d5a9a57f713f242c550528b.jpg
    Firstly you all see the outperformance of MGX vs GRR, which tokyo mentioned.
    In addition there is another similarity: Both have a price peak now and 5 years ago.
    But in view of often discussed dividend, there is a huge advantage in favour of GRR imo !
    If you only compare the difference from peaks 2 years ago of MGX (roughly 50 % until now), then GRR should have a potential from a 27 cents basis towards 40 cents in the minumum at least, in my opinion too.
    Let see, what will happen in the future and in which time frame. I hope the best and stay longer with GRR !
 
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