No idea. GMG is about 27% of the AREIT index, so when AREITS get sold off, specifically passive index funds GMG can be put under significant selling pressure. On that basis I would expect GMG can trade both far lower and far higher than it's intrinsic value.
That's another reason I think TA for GMG won't be very useful.
Ann: Full Year Results Presentation, page-18
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 (20min delay)
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Last
$32.80 |
Change
-0.400(1.20%) |
Mkt cap ! $62.62B | |||
| Open | High | Low | Value | Volume |
| $32.71 | $33.11 | $32.71 | $12.54M | 382.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 402 | $32.80 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $32.82 | 293 | 5 |
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| Last trade - 11.16am 09/09/2024 (20 minute delay) ? |
| GMG (ASX) Chart |