GRR 0.00% 24.5¢ grange resources limited.

I agree, something may be behind the volume/price movement this...

  1. 3,045 Posts.
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    I agree, something may be behind the volume/price movement this afternoon. The dividend yield has been very good ( and that excludes franking credits) for quite a while now, yet the stock has not responded despite that treasure trove of cash in the bank ( $140 million I think). Can't understand why a full bid has not been made for the company, a cash grab whilst operationally it continues to keep on generating strong profits.

    At current 23c the steady 2 c divvy represents 8.7% yield, and if you also collect the franking credits the grossed up yield is a 12.3% yield.
 
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Last
24.5¢
Change
0.000(0.00%)
Mkt cap ! $266.1M
Open High Low Value Volume
24.5¢ 25.0¢ 24.0¢ $139.3K 569.4K

Buyers (Bids)

No. Vol. Price($)
2 24564 24.5¢
 

Sellers (Offers)

Price($) Vol. No.
25.0¢ 261098 6
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Last trade - 16.10pm 27/11/2024 (20 minute delay) ?
GRR (ASX) Chart
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