lol I am on ignore for this poster
But extrapolating from this post, if GMG is 27% of the AREIT index, then a major effect on GMG share market pricing will come from the AREIT index. Now we know that 'passive investing' through various ETF's is increasing.
We also know that all constituents in an index are not equal when it comes to quality, but they are equal when it comes to insertion into an 'index'.
Hence we know that if the AREIT index gets smashed because of the weakness in other constituents' business model, that GMG share price will get caught in the draft, regardless of GMG business quality.
So the extension of this thought:
Regardless of GMG quality, what is the view of the AREIT index: going to fall or rise
What's that saying from the movie Apocalypse Now: ???
Ann: Full Year Results Presentation, page-53
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Last
$34.58 |
Change
-1.860(5.10%) |
Mkt cap ! $65.67B | |||
| Open | High | Low | Value | Volume |
| $35.55 | $35.66 | $34.58 | $121.7M | 3.493M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 660 | $34.54 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $34.73 | 660 | 4 |
View Market Depth
| Last trade - 16.10pm 02/08/2024 (20 minute delay) ? |
| GMG (ASX) Chart |