GRR 2.13% 23.0¢ grange resources limited.

When the boat comes in???, page-1684

  1. 923 Posts.
    lightbulb Created with Sketch. 880
    While everyone is complaining about the SP not reflecting the fundamentals, I am, for one, delighted that this stock exists and stays that cheap.

    All through 2020, If, after a couple of paychecks, I didn't have the time to do enough research or it failed to identify a good bargain, GRR has been my go-to stock to park the money in.

    It has slowly crept up to 9% of my portfolio (225k shares) and has already paid 12.5% of gross dividends for my average.

    It has minimal downside, reasonable upside and amazing yield. They could make half the money and still easily give the same dividend.

    I hope it stays under 28.5c forever as that equals a 10% gross yield which I've set up as my psychological buying limit. Unless they start giving 2c dividends or get serious about block caving, then I'll reassess.
 
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Last
23.0¢
Change
-0.005(2.13%)
Mkt cap ! $266.1M
Open High Low Value Volume
23.5¢ 23.8¢ 23.0¢ $388.3K 1.673M

Buyers (Bids)

No. Vol. Price($)
20 650756 23.0¢
 

Sellers (Offers)

Price($) Vol. No.
23.5¢ 105687 4
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Last trade - 16.10pm 15/11/2024 (20 minute delay) ?
GRR (ASX) Chart
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