GRR 2.74% 37.5¢ grange resources limited.

Grange's Iron ore pellets at A$427/tonne, page-77

  1. 215 Posts.
    lightbulb Created with Sketch. 29
    Seriously? Having a 25% FCF payout (about 4c div) is not in anyway a deterrent to accumulate whatever cash they need.

    And for us as investors, money today is better than potential money in 10 years. Specifically, having no idea on what the management is planning to do with the cash.


 
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