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 .. ??
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- Gold raging … but GMD does now need an acquisition
GMD
genesis minerals limited
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1.79%
!
$3.85

Gold raging … but GMD does now need an acquisition, page-3
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Last
$3.85 |
Change
-0.070(1.79%) |
Mkt cap ! $4.352B |
Open | High | Low | Value | Volume |
$3.90 | $3.93 | $3.82 | $9.588M | 2.481M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 5000 | $3.84 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$3.85 | 5030 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 5000 | 3.840 |
1 | 1695 | 3.830 |
3 | 5951 | 3.820 |
3 | 8354 | 3.810 |
12 | 31360 | 3.800 |
Price($) | Vol. | No. |
---|---|---|
3.850 | 5030 | 2 |
3.860 | 16339 | 1 |
3.870 | 5899 | 2 |
3.900 | 3423 | 2 |
3.920 | 808 | 2 |
Last trade - 16.16pm 28/07/2025 (20 minute delay) ? |
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GMD (ASX) Chart |