News: GMG Australia shares lose steam as real estate weighs; NZ drops, page-16

  1. 3,258 Posts.
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    can i ask, how will the pressure on australian property prices impact this? As an example, harry trib..... (Meriton) has expressed concern and i hear he's not building any new projects. 

    We've got labour fighting for negative gearing abashment, higher interest, off cycle rate rises. i could keep going. Why would GMG be spared?

    I am interested in your views as clearly the long term chart here is appealing...

    my initial interest in GMG was simply a short position 2 percent gain in 9 days. Peanuts really but its an automated script that churns out some reoccurring income to support the day to day
 
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(20min delay)
Last
$34.89
Change
0.700(2.05%)
Mkt cap ! $70.86B
Open High Low Value Volume
$34.42 $35.07 $34.20 $151.9M 4.365M

Buyers (Bids)

No. Vol. Price($)
2 6974 $34.86
 

Sellers (Offers)

Price($) Vol. No.
$34.90 669 1
View Market Depth
Last trade - 16.18pm 02/07/2025 (20 minute delay) ?
GMG (ASX) Chart
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