price is what you pay, value is what you receive.
Yes a good underlying company, but it's share price ran to hard in a 'zero interest rate world'.
Now the potential 'Minski moment' is upon us, interest rates look like being 'higher for longer'.
All this effects not just development appeal but also a significant downwards adjustment to fundamental value because of a significant increase in the equity risk premium.
Have patience, not time to enter yet in my opinion.
price is what you pay, value is what you receive.Yes a good...
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Last
$34.58 |
Change
-1.860(5.10%) |
Mkt cap ! $65.67B | |||
| Open | High | Low | Value | Volume |
| $35.55 | $35.66 | $34.58 | $121.7M | 3.493M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 660 | $34.54 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $34.73 | 660 | 4 |
View Market Depth
| Last trade - 16.10pm 02/08/2024 (20 minute delay) ? |
| GMG (ASX) Chart |