GRR 4.26% 24.5¢ grange resources limited.

Pellet Price, page-881

  1. 94 Posts.
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    GRR paid a 1c Final plus a 1c Special dividend back in March of 2014 - at that time they had cash resources of approx $160M - precedence.

    So a 1c Final and a 1 or 2c Special is not out of the question now that they have cash resources of aprox $242M - and running reliably/smoothly.

    Iron ore over the next 12 months or so looks OK - Southdown expenditure is the wildcard they may cause them to retain cash.

    Not long before we can stop guessing !!

    Cheers Postaone
 
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