GPT 2.50% $4.29 gpt group

Putting 0.64 in context...The number of shares on issue doubled...

  1. 631 Posts.
    Putting 0.64 in context...

    The number of shares on issue doubled and doubled again... so if we take our 0.64 x 2 = $1.28 x 2 = $2.56 ...

    Then for the pleasure of the double doubling, we had to stump up a premium of 0.60c and 0.35c respectively... lets take that into account so...

    $2.56 - 0.95c = $1.61.

    One year ago they hit the $2 mark give or take.. so that 40c would be an extra 10c on current pricing - or 0.74c / share.

    The reason, as I recall, that it hit the $2 mark about a year ago, is that this point is when SGP came along and grabbed 12% or so of the stock - making it ripe for take over play.
 
watchlist Created with Sketch. Add GPT (ASX) to my watchlist
(20min delay)
Last
$4.29
Change
-0.110(2.50%)
Mkt cap ! $8.217B
Open High Low Value Volume
$4.36 $4.37 $4.28 $27.62M 6.416M

Buyers (Bids)

No. Vol. Price($)
1 2784 $4.29
 

Sellers (Offers)

Price($) Vol. No.
$4.30 7242 2
View Market Depth
Last trade - 16.10pm 24/07/2024 (20 minute delay) ?
GPT (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.