Hey newB. I think the reason why available credit has reduced is because of the asset writedowns. In other words, the difference between assets & debts has reduced, meaning they can now borrow less than before. Still, 800 million is quite a lot & hopefully they don't need to, and won't, borrow that much in the medium term.
Hey newB. I think the reason why available credit has reduced is...
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Last
$34.89 |
Change
-0.540(1.52%) |
Mkt cap ! $66.26B | |||
| Open | High | Low | Value | Volume |
| $35.42 | $35.48 | $34.81 | $59.58M | 1.699M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 3000 | $34.88 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $34.92 | 7665 | 2 |
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| Last trade - 16.10pm 08/07/2024 (20 minute delay) ? |
| GMG (ASX) Chart |