GEM 1.52% $1.34 g8 education limited

Ann: Trading Halt, page-9

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  1. 35,769 Posts.
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    Why would it be smashed due to non-payment of a share placing? The gap (between $3.45 or whatever GEM's SP is on Friday and $3.88) should presumably be recovered from CIPI or CIPI's trustee/ manager.

    Why would GEM not go back up to $3.88 unless something else is affecting it (and Sarah Zeljko has already said that is not the case beyond a Canaccord broker report that downgraded the company from a buy to a hold with a $3.80 TP that at the time was lower than the market price on May 3?
 
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(20min delay)
Last
$1.34
Change
0.020(1.52%)
Mkt cap ! $1.084B
Open High Low Value Volume
$1.32 $1.35 $1.31 $1.303M 976.0K

Buyers (Bids)

No. Vol. Price($)
1 5558 $1.33
 

Sellers (Offers)

Price($) Vol. No.
$1.36 20000 1
View Market Depth
Last trade - 16.10pm 31/10/2024 (20 minute delay) ?
GEM (ASX) Chart
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