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
30.5¢ |
Change
-0.010(3.17%) |
Mkt cap ! $350.0M |
Open | High | Low | Value | Volume |
31.0¢ | 31.0¢ | 30.0¢ | $676.0K | 2.237M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
9 | 256650 | 30.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
30.5¢ | 300312 | 19 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
5 | 187553 | 0.300 |
18 | 301595 | 0.295 |
19 | 312729 | 0.290 |
13 | 304996 | 0.285 |
15 | 305101 | 0.280 |
Price($) | Vol. | No. |
---|---|---|
0.305 | 294511 | 23 |
0.310 | 209198 | 15 |
0.315 | 185738 | 10 |
0.320 | 154635 | 6 |
0.325 | 157038 | 6 |
Last trade - 15.16pm 05/08/2024 (20 minute delay) ? |
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GRR (ASX) Chart |