GRR 2.67% 38.5¢ grange resources limited.

sorry stantrent, but your post makes absolutely no sense.You...

  1. 12,100 Posts.
    lightbulb Created with Sketch. 1758
    sorry stantrent, but your post makes absolutely no sense.
    You obviously have little or no knowledge of the company or the Directors. Clement Ko was buying more shares not because he needed a bigger stake, rather he was showing confidence in GRR when some investors were depressing the share price. Mr Ko was also aware of emails from some large shareholders re dissatisfaction with Richard Mehan plus some shareholders called on management for a share buyback. Mr Ko's response was to buy more shares in GRR.
    The Chinese have no need or desire to takeover GRR contrary to what some GRR shareholders hope.
    Your comment "Wont be greatly surprised if the board elects to stop dividends, if not this year maybe next year."
    This makes no sense at all since the Chinese get the largest share of the dividends.
    I'd suggest a 1 cent dividend to be announced today and 2 cents as a final dividend early next year.
 
watchlist Created with Sketch. Add GRR (ASX) to my watchlist
(20min delay)
Last
38.5¢
Change
0.010(2.67%)
Mkt cap ! $445.5M
Open High Low Value Volume
38.0¢ 38.5¢ 37.5¢ $300.0K 790.6K

Buyers (Bids)

No. Vol. Price($)
20 712112 38.0¢
 

Sellers (Offers)

Price($) Vol. No.
38.5¢ 238701 31
View Market Depth
Last trade - 14.58pm 15/07/2024 (20 minute delay) ?
GRR (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.