Well maybe that's true.
But if so it's been taking it's bloody time.
I remember in 2018 this thing was 18c and paying a 2c dividend and it didn't "catch up" then.
It was an orphan...no-one wanted it.
As dividends have increased, the SP has been dragged, kicking and screaming, along with it.
It was about 16c not much more than a year ago. Again; no-one wanted it.
Now that it looks like dividends may (courtesy of record IO prices; nothing else) increase again, it seems someone with deep pockets may want to get onboard. Well that's fine; the more the merrier. Better late than never.
Just be aware that, at the first, faintest sniff of IO prices weakening I reckon this will drop like a head-shot duck.
Because we all know that, at the first sign of a decrease in cash flow, those in charge will declare a lower dividend to be the order of the day.
All just IMO.
- Forums
- ASX - By Stock
- GRR
- Grange's Iron ore pellets at A$427/tonne
Grange's Iron ore pellets at A$427/tonne, page-190
-
-
- There are more pages in this discussion • 241 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add GRR (ASX) to my watchlist
(20min delay)
|
|||||
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($) | Vol. | No. |
---|---|---|
38.0¢ | 61833 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 29999 | 0.375 |
1 | 860 | 0.370 |
4 | 90923 | 0.365 |
4 | 69015 | 0.360 |
6 | 263318 | 0.355 |
Price($) | Vol. | No. |
---|---|---|
0.380 | 61833 | 4 |
0.385 | 104805 | 9 |
0.390 | 115950 | 7 |
0.395 | 170428 | 3 |
0.400 | 86072 | 13 |
Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
Featured News
GRR (ASX) Chart |