"I dont understand why GMG is trading @ 20% premium to its NTA, especially when we compare it with other REITs?"
This is what happens when various governments around the world print money and pump fiscal stimulus like candy. Fundamentals get distorted not only in reits but all assets in general. Such liquidity driven rally's always end up creating a greater dispersion of winners and losers.
any news, page-11
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Last
$37.08 |
Change
0.090(0.24%) |
Mkt cap ! $70.88B | |||
| Open | High | Low | Value | Volume |
| $36.87 | $37.66 | $36.63 | $158.9M | 4.280M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 23774 | $37.07 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $37.10 | 104 | 1 |
View Market Depth
| Last trade - 16.10pm 01/10/2024 (20 minute delay) ? |
| GMG (ASX) Chart |