GRR 2.08% 23.5¢ grange resources limited.

Substantial Shareholders, page-20

  1. 1,381 Posts.
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    I have it as an accumulation share - so current price makes that a guilt free investment. Unless the need comes up to divert funds, My suspicion is to hold/buy. I can't see anything on the horizon that will damage the investment. SP goes up and down for all investments but the odds are that GRR SP will creep up over time or hit the rubber bands resistance level and shoot up unexpectedly.

    GRR does provide good returns and seems to me maintain/increasing revenue flow. Despite me saying that the dividend as a return on profits (not as a percentage) could be higher, I do like that they do have good cash reserves and no visible debts.
    The one cent dividend does have the silver lining that it may keep the SP a bit subdued for a bit longer.
 
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23.5¢
Change
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Mkt cap ! $266.1M
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24.0¢ 24.5¢ 23.5¢ $96.74K 403.4K

Buyers (Bids)

No. Vol. Price($)
5 311733 23.5¢
 

Sellers (Offers)

Price($) Vol. No.
24.0¢ 11914 3
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Last trade - 16.10pm 22/11/2024 (20 minute delay) ?
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