zzzzz1 you are not shorting GMG are you, or wanting to?? :)
I remember all the negative posts when this was sub 20c.
Will we be hearing the same and commenting on I remember them when it "when it was sub 60c" next?
There is even more optimism coming out of the US overnight, as pasted below.
People can take their profits all they want, but if we see this continued stabilisation continue, these battered stocks will be 5 baggers or more. I expect GMG to be above 60c shortly, it's the second largest commercial property player in the world, their assets are solid and they importantly, have good relationships with their bankers.
Whilst I know it won't always be in a straight line, I can't see this going anywhere but up for the short term.
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The Federal Reserve announced Wednesday that it will inject about $1 trillion into the economy in a bold effort to help the battered housing market and lift the country out of recession.
At the same time, the Fed left a key short-term bank lending rate at a record low of between zero and 0.25 percent.
Economists predict the Fed will hold the rate in that zone for the rest of this year and for most -- if not all -- of next year
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Last
$37.50 |
Change
0.410(1.11%) |
Mkt cap ! $71.68B |
Open | High | Low | Value | Volume |
$37.05 | $37.74 | $36.79 | $113.4M | 3.028M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 5320 | $37.49 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$37.51 | 2252 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 5320 | 37.490 |
1 | 7509 | 37.380 |
1 | 35839 | 37.360 |
2 | 7509 | 37.350 |
1 | 6323 | 37.340 |
Price($) | Vol. | No. |
---|---|---|
37.510 | 2252 | 1 |
37.520 | 3000 | 1 |
37.530 | 5000 | 1 |
37.540 | 3000 | 1 |
37.550 | 1000 | 1 |
Last trade - 16.10pm 15/11/2024 (20 minute delay) ? |
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GMG (ASX) Chart |
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