GRR 4.08% 25.5¢ grange resources limited.

I’m tipping 1c but would not be surprised if it was only .5c as...

  1. 101 Posts.
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    I’m tipping 1c but would not be surprised if it was only .5c as GRR have been known to be misers the past few years & given our SP is still in the toilet I don’t think there is much incentive to pay anything substantial.

    We should be getting 4c with the expected earnings but it will play with the sp in the short term & create volatility likely taking 4c off our 20.5c SP when it goes ex divi.

    I don’t see us ever getting a decent divi till our SP moves well north towards $1. Then they may pay us 5-6c.

    Hoping for a great quarter & for 2018.

    Good Luck to All !
    Last edited by investc: 11/01/18
 
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