Morgan Stanley slashing their PT from $4.25 to $2.80 caused the sell off yesterday imo. With that downgrade still fresh in everyones minds it may take a little while to recover. Occupancy levels have disappointed the market and why wouldn't they. You can't run a business on 100% costs against a 77.7% occupancy rate. That's 20% loss of earnings before switching a light on. Next years forecast of 79% occupancy levels are another huge disappointment. Not sure what Management are doing to address the problems but until they do the big boys leaving won't be back until then. This could easily become the next shorters paradise stock imo.
- Forums
- ASX - By Stock
- GEM
- Is GEM really worth $2.50?
Is GEM really worth $2.50?, page-2
- There are more pages in this discussion • 1 more message in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add GEM (ASX) to my watchlist
|
|||||
Last
$1.17 |
Change
0.000(0.00%) |
Mkt cap ! $943.0M |
Open | High | Low | Value | Volume |
$1.17 | $1.18 | $1.17 | $78.28K | 66.65K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
11 | 34956 | $1.17 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.17 | 6245 | 9 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
11 | 34956 | 1.165 |
11 | 89343 | 1.160 |
9 | 50480 | 1.155 |
8 | 32367 | 1.150 |
1 | 3550 | 1.145 |
Price($) | Vol. | No. |
---|---|---|
1.170 | 6245 | 9 |
1.175 | 25910 | 10 |
1.180 | 92514 | 9 |
1.185 | 28217 | 9 |
1.190 | 5323 | 5 |
Last trade - 10.24am 18/06/2024 (20 minute delay) ? |
|
|||||
Last
$1.17 |
  |
Change
0.000 ( 0.07 %) |
|||
Open | High | Low | Volume | ||
$1.18 | $1.18 | $1.17 | 9124 | ||
Last updated 10.49am 18/06/2024 ? |
Featured News
GEM (ASX) Chart |
The Watchlist
LPM
LITHIUM PLUS MINERALS LTD.
Simon Kidston, Non Executive Director
Simon Kidston
Non Executive Director
SPONSORED BY The Market Online