One thing that you guys are overlooking that could help GMG significantly is the rise of AUD. In the previous offer doc there is a matrix that shows it. There are predictions of AUD back to .85 or .90 later this year. This would be as good as a cap raising. This stock is just torture for all involved.
prepare for privatisation, page-20
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Last
$35.76 |
Change
0.380(1.07%) |
Mkt cap ! $68.66B | |||
| Open | High | Low | Value | Volume |
| $35.72 | $36.18 | $35.69 | $20.31M | 565.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 112 | $35.76 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $35.77 | 432 | 10 |
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| Last trade - 11.16am 16/09/2024 (20 minute delay) ? |
| GMG (ASX) Chart |