Also, I think there was some expectation of a SP boost with the election of a what probably was perceived as a more 'child-care friendly' government in May.
There were other factors in play of course, but the SP dropped 30+% in June, while the company furiously bought back shares every day. It was difficult to swallow, and I felt was inconsistent with changes in prevailing conditions, with more people in the workforce, and a greater proportion returning to the workplace.
The SP remains well below its pre-election price even now. Maybe it's finally playing catch-up; let's keep fingers crossed.
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GEM
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Last
$1.17 |
Change
-0.003(0.21%) |
Mkt cap ! $902.7M |
Open | High | Low | Value | Volume |
$1.17 | $1.18 | $1.16 | $555.1K | 474.5K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
36 | 45933 | $1.17 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.18 | 50466 | 26 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
35 | 133771 | 1.170 |
13 | 56591 | 1.165 |
18 | 75360 | 1.160 |
12 | 107747 | 1.155 |
13 | 182223 | 1.150 |
Price($) | Vol. | No. |
---|---|---|
1.175 | 49730 | 24 |
1.180 | 29906 | 19 |
1.185 | 27996 | 12 |
1.190 | 89105 | 16 |
1.195 | 25082 | 6 |
Last trade - 14.38pm 16/06/2025 (20 minute delay) ? |
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GEM (ASX) Chart |