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-T on the (). It is usually referred to as or GRC.DB-T
In the last year, there was no coverage of Grenville Strategic Royalty Convertible Debenture published on Stockchase.
Grenville Strategic Royalty Convertible Debenture was recommended as a Top Pick by on . Read the latest stock experts ratings for Grenville Strategic Royalty Convertible Debenture.
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In the last year, there was no coverage of Grenville Strategic Royalty Convertible Debenture published on Stockchase.
On , Grenville Strategic Royalty Convertible Debenture (GRC.DB-T) stock closed at a price of $.
(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.