Also, it is worthwhile to note that Grange has a franking credit balance of 90M+... Not sure exactly how (and if) they will distribute those credits but it is serious money right there.
There is definitely some veiled agenda with this company (ah, the major shareholder!!) but at some point the reward may outweigh the risk. If it gets to 50c, even the 4c dividends are ok and I may add a bit more. Having said that, I invested in this for cash flow and my expectations are not being fully fulfilled.
Ann: Dividend/Distribution - GRR, page-113
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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 |