GRR 3.70% 26.0¢ grange resources limited.

Seriously take a grip

  1. 83 Posts.
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    Yes production is down second half of the year though will ramp up - this is all historic news so don't lose sight of the fact we are in a strong commodity cycle and if management do want to keep price down for the sake of maintaining control then the best thing to do is don't sell will no doubt frustrate them even more. However, despite this belief in some conspiracy theory - I honestly think management did the right thing this week with the announcement by releasing good news early in the week and then offset with a bit of bad news on production which remember happens in any organisation and mind you has eventuated already in the 4th quarter - "it's happened it's done let's move on" which is exactly what management have done.

    If there is a blimp in the price tomorrow then all i can say that the shares sold will end up to their rightful owners.
 
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