Agreed. Grange is very vulnerable if the iron ore price cycle repeats and iron ore drops back below USD50 per tonne. In that scenario Grange will be in a world of pain. And its a realistic scenario its only 3 or 4 years ago we were there. Minong cycles have ups and downs and i am concerned Grange is exposed to the down. They need to really focus on their cost of production to reduce it to give themselves headroom in the next downturn.
Will there ba a dividend, page-56
-
- There are more pages in this discussion • 26 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add GRR (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
31.5¢ |
Change
-0.005(1.56%) |
Mkt cap ! $364.5M | |||
| Open | High | Low | Value | Volume |
| 32.5¢ | 32.8¢ | 31.5¢ | $837.4K | 2.603M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 14 | 412990 | 31.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 32.5¢ | 181056 | 5 |
View Market Depth
| Last trade - 16.10pm 30/07/2024 (20 minute delay) ? |
| GRR (ASX) Chart |