My read of this is that GMG did indeed meet expectation. However, the market has a habit of selling down on news and moving upwards in expectation of the news.
Look at the massive SP run up for the last year - the SP has increased as the market gained more confidence in the forecast and actual performance. A small drop (2% at the time of writing) is not a big deal and probably just indicates that many big investment houses are enjoying a few profits today.
My read of this is that GMG did indeed meet expectation....
-
- There are more pages in this discussion • 4 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add GMG (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$35.18 |
Change
-0.700(1.95%) |
Mkt cap ! $66.81B | |||
| Open | High | Low | Value | Volume |
| $35.77 | $35.89 | $35.18 | $80.48M | 2.274M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 28561 | $35.18 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $35.21 | 721 | 1 |
View Market Depth
| Last trade - 16.10pm 24/06/2024 (20 minute delay) ? |
| GMG (ASX) Chart |