GRR 0.00% 25.5¢ grange resources limited.

Somebody posted their dividend policy last month that roughly...

  1. 6,756 Posts.
    lightbulb Created with Sketch. 122
    Somebody posted their dividend policy last month that roughly stated that they would payout 25% of free cashflow as dividends. On my calculations they only had $25mil approx in free cash flow in the six months to 31Dec17 so the max they would pay is around $6mil so that will be half a cent. They had a negative FCF in the first six months to 30Jun17 of around $1.5mil. I hope my cals are wrong but I'm now only expecting half a cent unless they declare a bonus half cent on top. I'm not holding my breath on that.
 
watchlist Created with Sketch. Add GRR (ASX) to my watchlist
(20min delay)
Last
25.5¢
Change
0.000(0.00%)
Mkt cap ! $266.1M
Open High Low Value Volume
25.0¢ 25.5¢ 25.0¢ $88.75K 350.4K

Buyers (Bids)

No. Vol. Price($)
4 20287 25.0¢
 

Sellers (Offers)

Price($) Vol. No.
25.5¢ 160142 7
View Market Depth
Last trade - 16.10pm 29/11/2024 (20 minute delay) ?
GRR (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.