GRR 2.04% 25.0¢ grange resources limited.

Pellet Price, page-599

  1. 864 Posts.
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    I'm not retired and still happy. If I add in divs most of my holding is under 10c cost. I've realised some profits along the way and every time I try get the proportion of my portfolio down a bit it just keeps going up. Good problems to have... GRR is a cash machine presently. we have to wait and see how that cash gets allocated. The risk adjusted facts should drive that decision, but I'd hate to see investment in marginal projects or projects not using sufficiently high hurdle rate to compensate for risk etc. That's when I'd rather see the cash back in my hand, so project economics must be solid and unless short term should not be using anything close to current market prices for our product IMO.

    On a separate note, surely the free float on GRR would put it in the ASX 300 now?

    DYOR
    Last edited by Madtrader: 20/04/21
 
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