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They are investing in companies and getting a top line royalty. This company is fairly new and is a very small cap. They don’t have a dividend, but this is one way to participate in the upside, but also in an income stream. Pays an 8% coupon. The bond is trading just around par right now. It is convertible into Grenville stock at $0.92.
Grenville Strategic Royalty Convertible Debenture is a OTC stock, trading under the symbol GRC.DB.TO (previously GRC.DB-T on Stockchase) on the undefined (undefined). It is usually referred to as or GRC.DB.TO
In the last year, no analyst issued a Buy, Sell, or Hold rating on GRC.DB.TO (previously GRC.DB-T on Stockchase) on Stockchase. Read the latest expert commentary for Grenville Strategic Royalty Convertible Debenture.
Grenville Strategic Royalty Convertible Debenture was recommended as a Top Pick by Bruce Campbell (2) on 2014-09-24. Read the latest stock experts ratings for Grenville Strategic Royalty Convertible Debenture.
Earnings reports or recent company news can cause the stock price to drop. Read stock experts' recommendations for Grenville Strategic Royalty Convertible Debenture.
Grenville Strategic Royalty Convertible Debenture is covered by Stockchase experts and is worth watching.
(A Top Pick Sept 24/14. Up 1.14%.) Liked the business plan, but was worried that there might be a little volatility, so he wanted to get paid while they grew into their business. A nice cash flowing business. Stock price has been fairly volatile.