GRR 1.33% 38.0¢ grange resources limited.

when is financial reporting ?, page-17

  1. 137 Posts.
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    Company being run at the behest of the majority shareholder. All sorts of different methods can be used to produce financial reports. Suspect these pending financials won't be too positive. Interesting amongst a string of less than flattering financial reports & the turnover of some CEO's the major shareholder chooses to add 6-7million to their already massive majority holding in May. It's been long said, watch what the Director's do, buy when they buy, sell when they sell. Even more so when the Director is a massive majority holder who owns about 800,000,000 out of 1100,000,000 shares. Wont be greatly surprised if the board elects to stop dividends, if not this year maybe next year. Like watching a national geograhic special on Boa Constrictors. Watching for more accumulation a little while after this next lot of financials. It's a slow but steady process.
 
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