IMO this $65bn odd market cap is the silliest valuation on the ASX.
Group has c. $17bn NTA. So where’s the other c. $50bn of value supposedly coming from?
They manage c. $70bn of external FUM - are GMG going to harvest $50bn NPV worth of management fees from this pool of funds over time?
Or is it the c. $2bn of WIP on GMG balance sheet? Are they expecting a 25x development margin going forward?
Atleast management earned a cheeky half a $Bil in share based comp while all the weird hype lasts.
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IMO this $65bn odd market cap is the silliest valuation on the...
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Last
$34.71 |
Change
-0.450(1.28%) |
Mkt cap ! $65.92B |
Open | High | Low | Value | Volume |
$35.00 | $35.26 | $34.27 | $130.3M | 3.753M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 17 | $34.70 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$34.92 | 1000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 17 | 34.700 |
1 | 8083 | 34.680 |
1 | 3283 | 34.650 |
1 | 8083 | 34.630 |
2 | 12024 | 34.590 |
Price($) | Vol. | No. |
---|---|---|
34.920 | 1000 | 1 |
34.930 | 8083 | 1 |
34.960 | 800 | 1 |
34.980 | 8183 | 3 |
35.030 | 8083 | 1 |
Last trade - 16.10pm 15/08/2024 (20 minute delay) ? |
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