GRR 4.76% 44.0¢ grange resources limited.

Yes fair to say that.. normally a good quarter followed by a bad...

  1. 6,660 Posts.
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    Yes fair to say that.. normally a good quarter followed by a bad one. If they really can't find any excuse then they pumped up an idea of building apartments.
    Many people here argued the property idea was not necessarily bad from financial point of view, yes agreed but that's very weird for a Iron ore producer.

    I once spoke to an experienced broker, he said the idea was "stinky and annoying" which has outrageous to many middle-tier shareholders.

    But announcing a half year dividend and promised no much further contribution into the property investment, shows the management is finally listening.


 
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