I don't think people on HC are ignoprant, and I take it neither do you or you would not be here.
Why has this ended up a kindergarden thread? Do you really think HCers are stupid - I think not or you wouldn't be here.
So you also think that you somehow need to buy your GMG shares with cash, but oh my golly - don't buy it through a margin loan.
If your stock goes down $10K in value, it does make no material difference as your position is minus $10K. If you do not have a margin of safety, or manage it properly - you are cactus.
Maybe you should look through the thread and get some context.
You seem to agree with my position 100%.
you cant get a margin loan on it now, page-19
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Last
$33.80 |
Change
0.430(1.29%) |
Mkt cap ! $64.19B | |||
| Open | High | Low | Value | Volume |
| $33.64 | $34.03 | $33.48 | $76.08M | 2.253M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 677 | $33.63 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $33.81 | 3119 | 1 |
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| Last trade - 16.10pm 12/08/2024 (20 minute delay) ? |
| GMG (ASX) Chart |