GRR 5.45% 26.0¢ grange resources limited.

Ann: Half Yearly Report and Accounts, page-39

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  1. 1,471 Posts.
    lightbulb Created with Sketch. 69
    The board don’t care. They have 1 goal, to please the biggest shareholder Shagang. And their focus is getting 1 mln ton of pellets every year for a reasonable price.
    and if they need to pay a very high price like in 2020/2021/2022 they get their money back to tell the board to pay special dividends. So now back to normal and pay 1 cent maybe 2 cents a year dividend…
    my guess, 30 cent next stop…and forget southdown, or do you think they are saving money now by not paying a dividend to invest in that project…think again
 
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