talk about selling the house to pay off the mortgage...
I didn't say it was doomed, I just make the point that it's in terrible shape and existing holders are set to be massively diluted imminently. Banks do not care one iota about sharehodlers in borrowers, so they will demand a bailout.
If it goes OK, well done. Bit like hoping for a horse to come home though... if it wins, does that make it a smart investment?
The CIC and MQG deals were turkeys. AF was spot on...
gmg - a shorter's picnic, page-3
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Last
$36.59 |
Change
-0.480(1.29%) |
Mkt cap ! $69.94B | |||
| Open | High | Low | Value | Volume |
| $36.71 | $36.84 | $36.16 | $77.66M | 2.123M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 4767 | $36.58 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $36.61 | 10274 | 1 |
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| Last trade - 16.10pm 07/10/2024 (20 minute delay) ? |
| GMG (ASX) Chart |