My view is GMG has good fun fundamental, but not likely in short term.
Look the DIV is confirmed, writeoff is done and Gear level is up (and credit avai is 0.8B, lower that 1.0B in November, means GMG is still borrowing), and the key point drawing concern is : there is not outlook mentioned!!!)
i sold at 51c today and watching closely to buy back at a lower price.
announcement, page-19
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Last
$35.92 |
Change
0.290(0.81%) |
Mkt cap ! $68.66B | |||
| Open | High | Low | Value | Volume |
| $35.21 | $36.09 | $35.21 | $103.5M | 2.889M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 10426 | $35.88 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $35.95 | 9490 | 2 |
View Market Depth
| Last trade - 16.10pm 17/09/2024 (20 minute delay) ? |
| GMG (ASX) Chart |