GRR 5.26% 36.0¢ grange resources limited.

I'd suggest that your advice isn't worth a pinch of salt, since...

  1. 12,076 Posts.
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    I'd suggest that your advice isn't worth a pinch of salt, since you also started selling at 70c.

    "Decided to let go of a few today - more risk management than anything else. No technical expert but it looks like it is trading near the top end of the channel.

    still holding a decent sized position so I hope for all it continues on to a dollar and beyond!"


    If the iron ore pellet price is now back to the Aug 2021 levels then the income generated is still at levels where high dividends can be paid. Grange is currently on a PE of 4, this is hardly expensive compared to every stock on the ASX.
    The investors who bought your shares at 70c and now at $1.12 surely see some gains from here on in.
    I never understand why people want to broadcast why they sell and then suggest others do the same.
 
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