When it was 30c you had no idea what the share price was worth given they needed a massive capital raising. If the capital raising was done at 20c share today would be worse off. Lucky the markets recovered along with the share price to do the capital raising at a higher price. So yes, there was money to be made at the bottom, but the whole situation could have played out entirely differently.
watch it all come crashing down, page-8
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Last
$32.33 |
Change
-0.720(2.18%) |
Mkt cap ! $61.40B | |||
| Open | High | Low | Value | Volume |
| $32.80 | $32.98 | $32.16 | $141.7M | 4.375M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 58402 | $32.33 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $32.53 | 6091 | 3 |
View Market Depth
| Last trade - 16.10pm 08/08/2024 (20 minute delay) ? |
| GMG (ASX) Chart |