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Grange raises $124m in rights issue

Grange Resources says it has raised $124 million from the rights issue component of its capital raising strategy, with funds to go towards debt reduction and a restructure of iron ore royalty obligations.

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Share Price

Closing price for the last 90 trading days
Source: Morningstar

Total Shareholder Return as at 28/09/18

1 year TSR5 year TSR
89thGrange Resources91%10%
739 WA (and selected non WA) listed companies ranked by 1 year TSR relative to other companies with similar revenue
Source: Morningstar

Share Transactions

10/12/12
$20k Bought
10/09/12
$3k Bought
07/03/12
$260k Sold
Total value as at the date of the transaction
Source: Morningstar

Revenue

th-Grange Resources$248.5m
77 listed non wa companies ranked by revenue.
Source: Morningstar

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