Personally, I don't believe that any of the asx200 LPTs will fail. But I wonder in the short term, which of these stocks is the better bet.
Even with gearing at 45% GMG is having difficulty getting money, therefore IIF will have difficulty even with debt reduction strategies in place.
I wonder if debt is actually the issue at all
gmg vs iif, page-5
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 (20min delay)
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Last
$32.56 |
Change
0.290(0.90%) |
Mkt cap ! $61.93B | |||
| Open | High | Low | Value | Volume |
| $32.20 | $32.79 | $31.73 | $122.6M | 3.780M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 10000 | $32.54 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $32.63 | 423 | 1 |
View Market Depth
| Last trade - 16.10pm 23/08/2024 (20 minute delay) ? |
| GMG (ASX) Chart |