Less than 2 weeks ago this was a dead-man walking...
1 week ago dead-cat bounce
Today...just a matter of time
IMO, GMG has been a lifetime opportunity all the way down, when it was 70c, 50c and 20c...I have been criticised for my views on this particular stock and all I can say is that GMG is not a week-timeframe investment, I deeply believe this is a really long term one which probably will deliver dividends for the years to come.
Yesterday I sold half of my position leaving my GMG average weighted price in 10c...I’m not planning to sell it in a lifetime, in fact, next dividend will probably pay a big part of my investment (if not all) and after that is FREE cash flow...I’d like to hear about a better option for an investor...Jintao, Stabilo????
lifetime opportunity
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Last
$36.67 |
Change
0.420(1.16%) |
Mkt cap ! $69.64B | |||
| Open | High | Low | Value | Volume |
| $36.61 | $37.01 | $36.30 | $102.8M | 2.799M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1202 | $36.67 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $36.68 | 429 | 1 |
View Market Depth
| Last trade - 16.10pm 17/07/2024 (20 minute delay) ? |
| GMG (ASX) Chart |