Before we where getting 4x .06c divi a year, for a total of .24c
Then they changed and said divi 2x a year and btw you are only getting .10c followed by .10c, for a total of .20c
I think investors generally thought there maybe earning difficulties ahead due to forecasted divi reductions.
Then comes the warnings of vacancies (comfirming thoughts of earning difficulties) from GEM.
And hence we are here.
***GEM does have borrowings and I believe they foresee a rise in borrowing rates so therefore will need to hold that .04c difference back to cover that event. I think the drop in revenue from higher vacancies would not be the whole .04c drop.***
Before we where getting 4x .06c divi a year, for a total of .24c...
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Last
$1.16 |
Change
-0.015(1.28%) |
Mkt cap ! $895.0M | |||
| Open | High | Low | Value | Volume |
| $1.17 | $1.17 | $1.15 | $1.730M | 1.492M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 45899 | $1.16 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.16 | 11809 | 1 |
View Market Depth
| Last trade - 16.10pm 19/06/2025 (20 minute delay) ? |
| GEM (ASX) Chart |