Hi Pastperformer.
Is this a possible trade where someone has sold 7.6mil + shares at $1.10 in the hope they will go lower or someone having to find a buyer and have to offer a discount to unload a large quantity in one hit. Possibly margin call induced,maybe we are seeing a bottom.
Even with all the turmoil GQG will still have average FUM for the quarter of $US 90bil and possibly higher or consistent for this HY. Even with a 27% tax rate would equate to approx US 9CPS annualised or AUD 12.5CPS. A risky exercise shorting at a $1.10.
Cheers Greg
Hi Pastperformer. Is this a possible trade where someone has...
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 (20min delay)
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Last
$3.09 |
Change
0.140(4.75%) |
Mkt cap ! $9.125B | |||
| Open | High | Low | Value | Volume |
| $2.98 | $3.11 | $2.98 | $10.06M | 3.284M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 18733 | $3.07 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.10 | 5000 | 2 |
View Market Depth
| Last trade - 16.10pm 24/07/2024 (20 minute delay) ? |
| GQG (ASX) Chart |