Yes, only the funding is being scaled back to high income earners. Mums and dads get an increase in the previous cap and more support.
So the package should be positive to GEM as a whole unless GEM's clientele is entirely high income earners: then it would weigh but not as much as today's tree shake.
2day's tree shake was a broken down chainsaw that obliterated all sense of proportion and all common sense including the chainsaw's owners. Logic was cut down 2day for a number of hours.
The new buyers and GEM sholder remainers will be more resilient, will be able to navigate GEM upwards and regain control of the chainsaws left behind by their former owners.
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Why the selling?, page-12
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Last
$1.18 |
Change
0.010(0.85%) |
Mkt cap ! $910.4M |
Open | High | Low | Value | Volume |
$1.17 | $1.19 | $1.16 | $2.268M | 1.920M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 123380 | $1.18 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.19 | 36076 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 123380 | 1.175 |
1 | 25812 | 1.170 |
1 | 6000 | 1.160 |
2 | 22 | 1.155 |
9 | 175270 | 1.150 |
Price($) | Vol. | No. |
---|---|---|
1.190 | 36076 | 3 |
1.195 | 30210 | 2 |
1.200 | 34891 | 8 |
1.205 | 5500 | 1 |
1.210 | 642 | 1 |
Last trade - 16.10pm 25/06/2025 (20 minute delay) ? |
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GEM (ASX) Chart |