GRR doesn't have a higher rate of return than FMG mate.
To work that out would depend on when you got it.
You have danced around the point. Management has broken its mandate to pay out a % of this its profits to shareholders and FMG on the other hand does the opposite paying out consistently in the high range of its mandate.
At the end of the day I own both.
Sure GRR produces a great product and similar to FMG creates a great profit. But it's return to shareholders isn't great compared with FMG.
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Last
$17.32 |
Change
-0.840(4.63%) |
Mkt cap ! $53.32B | |||
| Open | High | Low | Value | Volume |
| $18.22 | $18.27 | $17.26 | $202.6M | 11.43M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 4600 | $17.31 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $17.33 | 396 | 1 |
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| FMG (ASX) Chart |