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 |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 28173 | 25.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
22.5¢ | 4614 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 28173 | 0.255 |
12 | 564189 | 0.250 |
4 | 120570 | 0.245 |
23 | 392333 | 0.240 |
11 | 259498 | 0.235 |
Price($) | Vol. | No. |
---|---|---|
0.225 | 4614 | 3 |
0.230 | 1601 | 1 |
0.250 | 10874 | 2 |
0.255 | 88369 | 3 |
0.260 | 116459 | 4 |
Last trade - 09.59am 11/09/2024 (20 minute delay) ? |
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GRR (ASX) Chart |
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