Geem, the time to short was at $1, and I think what we are seeing is a cautious accumulation for what is really a once in a lifetime opportunity to buy the world's second largest industrial property trust at distressed seller prices . I would be shorting the seller - they are the one who obviously is in trouble . Who are they ?
I predict a bounce to 40 cents for GMG over the next week . Huge volumes have been sold and the divs are being reinvested to average down .
wilsons plan, page-15
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Last
$36.64 |
Change
-0.040(0.11%) |
Mkt cap ! $70.04B | |||
| Open | High | Low | Value | Volume |
| $36.73 | $36.89 | $36.43 | $129.5M | 3.533M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 8052 | $36.62 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $36.77 | 7566 | 2 |
View Market Depth
| Last trade - 16.10pm 31/10/2024 (20 minute delay) ? |
| GMG (ASX) Chart |