A zero dividend and the SP is 10 cents - not sure what others investment strategy is but losing money is not mine.
A 4 cent dividend won't affect the company one bit and it is what investors aim for - a fair return on their investment - and GRR could well afford more if you think about it. 4 cents is somewhere in the middle.
Grange's Iron ore pellets at A$427/tonne, page-79
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Last
37.5¢ |
Change
0.010(2.74%) |
Mkt cap ! $434.0M | |||
| Open | High | Low | Value | Volume |
| 37.0¢ | 38.0¢ | 36.8¢ | $355.7K | 952.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 29999 | 37.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 38.0¢ | 61833 | 4 |
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| GRR (ASX) Chart |