What difference does it make if it is a single stock Margin Loan? The loans are recourse loans so you will have to pay back regardless. What do you suggest to do when the stock gets pulled from the List, you will have to come up with the funds.
To say it is irrelevent is irresposible. Margin loans are a great tool to enhance your trading, but you need to be aware of the risks, buying a spec or small cap stock increases the risk as margin lenders in times of volatility pull lending on this end of th e market
you cant get a margin loan on it now, page-13
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Last
$35.57 |
Change
0.110(0.31%) |
Mkt cap ! $67.55B | |||
| Open | High | Low | Value | Volume |
| $35.74 | $35.88 | $35.28 | $97.05M | 2.727M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 5883 | $35.56 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $35.58 | 100 | 1 |
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| Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
| GMG (ASX) Chart |