GRR isn't quite back into my buy zone but it's getting closer. The fixation on the dividend on this thread bemuses me. What matters is the companies underlying business. Focus on that instead.
The dividend is coming from your share of cash in a company bank account directly into your own bank account. So the only thing it's changing is the account your money is in not how much money you have. Dividends weaken the company balance sheet and GRR needs a strong balance sheet since its a high cost producer in a cyclical commodity.
Personally I'd prefer the directors to be cautious and leave the money in the company account for longer.
Ann: CEO Appointment, page-19
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Last
35.5¢ |
Change
-0.005(1.39%) |
Mkt cap ! $410.8M | |||
| Open | High | Low | Value | Volume |
| 36.0¢ | 36.0¢ | 35.0¢ | $238.5K | 668.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 9 | 178600 | 35.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 36.0¢ | 9266 | 3 |
View Market Depth
| Last trade - 16.10pm 19/07/2024 (20 minute delay) ? |
| GRR (ASX) Chart |