GRR 2.74% 37.5¢ grange resources limited.

With some long term holders taking profits, and a bit of a...

  1. 69 Posts.
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    With some long term holders taking profits, and a bit of a negative vibe developing, it is timely to remember that we will probably be entering the ASX300 next month.

    We should not underestimate the potential impact of this event. Many funds will start to take notice of us. Many brokers will consider reviewing and reporting on us. Some funds will be obligated to buy us due their structure and governance.
    This could all create significant buying pressure.

    I too have considered taking profit, but I just can’t bring myself to do it until the ASX300 factor plays out. We all know that Grange has had a tendency to surprise on the upside. It has held up very well under recent turmoil.

    I will be holding for longer.
 
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