Has nothing to do with 'games' around dividend ex date.. think about it.. they paid out just over half a percent in cash but the SP is down over 10% haha doesn't add up..
What the drop has more to do with is GMG being over priced. look at it from a technical perspective. waiting for around 22.5 ish for a re-entry.
GMG, page-7
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Last
$34.85 |
Change
-0.030(0.09%) |
Mkt cap ! $65.51B | |||
| Open | High | Low | Value | Volume |
| $34.66 | $34.85 | $34.24 | $20.20M | 584.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 20 | 2742 | $34.84 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $34.86 | 1154 | 9 |
View Market Depth
| Last trade - 13.14pm 10/07/2024 (20 minute delay) ? |
| GMG (ASX) Chart |