Credit crunch. CNP is in a trading halt while it tries to negotiate a new loan facility. A write-down is coming. GMG is also highly geared and has exposure to the US property slump.
That said, it looks oversold at these levels and due for a bounce in the next couple of days.
falling like a brick, page-2
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Last
$34.46 |
Change
-0.250(0.72%) |
Mkt cap ! $65.50B | |||
| Open | High | Low | Value | Volume |
| $34.50 | $34.80 | $34.32 | $60.97M | 1.769M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 16 | 1219 | $34.45 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $34.46 | 67 | 1 |
View Market Depth
| Last trade - 14.52pm 16/08/2024 (20 minute delay) ? |
| GMG (ASX) Chart |