GRR 2.74% 37.5¢ grange resources limited.

Ann: Dividend/Distribution - GRR, page-99

  1. 13,411 Posts.
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    SP is down to 63.5 cents - SP normally follows the dividend yield - did you actually know that? 2 cent dividend reflects an SP in the 50's.

    Working on that principal Footmax the shareprice wouldn't have reached 63c let alone 90c...the biggest shareprice driver of an IO producer is the price of IO , dividends do play a part...

    We had a boost leading up to the quarterly and have retraced most of it so no worse off than we were a few days ago.

    Cheers Whisky
 
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