Ummm, maybe they wanted a raising because the implied cost of secured debt taken out by GMG at present is 15% p.a.!!!
Talk about a shocking deal.... real lender of last resort stuff. Why didn't they just go to ANZ at get $500m at 7%... why? Because it ain't there... even if secured! Rightly or wrongly, GMG is right up against it. I hope it makes it, but unlike the karasco's of this world, I value my sleep and prefer not to worry.
GG didn't raise because he can't afford his share - and he doesn't want to hand over the keys.
He may soon have no choice.
Covered for today - very nice session
Good evening!!
- Forums
- ASX - By Stock
- GMG
- ml daily fix
ml daily fix, page-23
-
- There are more pages in this discussion • 17 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add GMG (ASX) to my watchlist
|
|||||
Last
$35.43 |
Change
0.050(0.14%) |
Mkt cap ! $67.28B |
Open | High | Low | Value | Volume |
$35.12 | $35.50 | $34.94 | $53.00M | 1.498M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 1291 | $35.43 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$35.44 | 365 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 262 | 35.430 |
1 | 500 | 35.250 |
2 | 791 | 35.000 |
1 | 285 | 34.950 |
1 | 15 | 34.800 |
Price($) | Vol. | No. |
---|---|---|
35.700 | 15 | 1 |
35.740 | 3421 | 1 |
35.880 | 2180 | 2 |
35.950 | 200 | 2 |
35.990 | 1389 | 1 |
Last trade - 16.10pm 05/07/2024 (20 minute delay) ? |
Featured News
GMG (ASX) Chart |