after a bit of research, IMO and a stockbroker friend of mine's, a cap raising is likely, followed by SP drop to the 20's in the very short term.
But GMG is a company with very good bones, it'll be able to get back on its feet once this debt problem is out of the way.
The GMG's 2008 Dec accounts report states itself NTA per security $1.
IMO a very likely SP at least by the end of year is MINIMUM $0.9.
well, thats my opinion...
what is going onnnn??, page-33
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Last
$36.35 |
Change
-0.750(2.02%) |
Mkt cap ! $69.03B | |||
| Open | High | Low | Value | Volume |
| $36.67 | $36.95 | $35.96 | $94.20M | 2.594M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 252 | $36.29 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $36.36 | 12477 | 4 |
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| Last trade - 16.10pm 22/07/2024 (20 minute delay) ? |
| GMG (ASX) Chart |