GRR 3.64% 26.5¢ grange resources limited.

When the boat comes in???, page-635

  1. 14,062 Posts.
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    What draws investors to any company is the dividend yield and if GRR can realise the predictions in production increases and cost of production decreases then profitability will put pressure on GRR to increase dividends over time - and maybe sooner than later. That will indeed push up the SP to a more realistic figure.

    May well be in one or two years time that an SP in the 20's will never be revisited. Exciting 12 months ahead.

    We can also hope that the current international trade machinations will end soon resulting in a more stable steel making environment. Things are looking up.
 
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