Stockchase Opinions

Bruce Campbell (2) Grenville Strategic Royalty Convertible Debenture GRC.DB-T TOP PICK Sep 24, 2014

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.


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(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.