They may not … but they may also
a scrip bid gives them participation in the upside of the OBM growth assets, provides them with greater liquidity to buy/sell, bigger company gives easier weightings in fund and diversification …. And it finally crystallises a very handsome profit for the fund managers (performance bonuses) that have persevered with that investment for that last 10 years.
if I was a betting person … in the current gold market … I reckon they would rather GMD scrip than cash (depending on the terms)
but what would I know .. ??
Gold raging … but GMD does now need an acquisition, page-3
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 (20min delay)
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Last
$3.69 |
Change
-0.130(3.40%) |
Mkt cap ! $4.171B | |||
| Open | High | Low | Value | Volume |
| $3.67 | $3.72 | $3.59 | $4.271M | 1.161M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 36 | 18399 | $3.68 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.69 | 7193 | 10 |
View Market Depth
| Last trade - 14.48pm 31/07/2025 (20 minute delay) ? |
| GMD (ASX) Chart |