GRR 2.74% 37.5¢ grange resources limited.

Ann: Appendix 4D - Half Year Ending 30 June 2021, page-17

  1. 1,044 Posts.
    lightbulb Created with Sketch. 1110
    Wrong, you pay a percentage fee on the capital raise to the broker that organises it, you also capital raise at a share price discount to market and you dilute existing shareholders. Capital raising to fund a dividend pisses of shareholders and shows poor capital management. It's the company equivalent of putting your entire pay in the bank and funding your living expenses with a payday loan.

    Congrats on being a living example of Dunning-Kruger.
    Last edited by kervio: 26/08/21
 
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