Sure, well I bought GRR around 20c (~3 years ago) - looked very cheap. Now I'm out (few months ago) at 25c.
The dividend has been great, and it's worked out. I sincerely wish you holders well - I do.
However, personally, I've grown very fustrated with management. I think if you dig into ownership/structure there's a bit more to it than that.
Also, a hicup with China wouldn't effect Grange too? Not too sure about that.
GRR - flat over 3 years.
FMG - almost x3
RIO - 50%
MGX - 40%
CIA - almost x3
price of IO - 70% over 3 year period.
Now, if you understand why GRR is flat over that period, but will outperform over the next 3 years- than more power to you. However, I have theory why I believe it will continue to underperform peers (management, ownership, structure, reserves, shareholder focus). This is my humble viewpoint - and there are some really smart people in this forum who may simply understand it much better than me.
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Last
25.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $289.3M |
Open | High | Low | Value | Volume |
25.5¢ | 25.5¢ | 25.0¢ | $211.2K | 838.0K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
10 | 439133 | 25.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
25.5¢ | 95475 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
10 | 439133 | 0.250 |
5 | 223086 | 0.245 |
22 | 375832 | 0.240 |
11 | 259498 | 0.235 |
10 | 158579 | 0.230 |
Price($) | Vol. | No. |
---|---|---|
0.255 | 95475 | 3 |
0.260 | 191965 | 7 |
0.265 | 149325 | 5 |
0.270 | 164537 | 4 |
0.275 | 293998 | 5 |
Last trade - 16.10pm 10/09/2024 (20 minute delay) ? |
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GRR (ASX) Chart |