GRR 2.74% 37.5¢ grange resources limited.

Ann: Dividend/Distribution - GRR, page-108

  1. 78 Posts.
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    This is a dividend only stock. On an annualized basis every 1 cent dividend represents 12.5 cents to the share price. Taking that
    the current valuation would be 50 cents. I worked this out when the stock was 22 cents. I am in Footmax's camp.
    I am happy with a SP above 50 cents and the dividend. Yet to be convinced if I am happy with the BOD in where GRR
    is going.
 
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