GRR 3.03% 32.0¢ grange resources limited.

the yield on the dividend would be huge at 18c I'd park all...

  1. 3,910 Posts.
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    the yield on the dividend would be huge at 18c I'd park all my spare capital there.

    the benefit with grr is it a hedge against a falling iron ore price. as when supply outstrips demand pellets and high grade attracts a larger premium. so even if the 65% fines comes down overall price received seems to remain fairly uniform.

    *sentiment should be buy to reflect actions today

    SF2TH
    Last edited by setfire2thehive: 10/10/19
 
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