If a company is willing to betray its shareholders as GMG have done then avoiding them is not based on emotion it is based on risk assessment. Why didn't GMG do a 1:4 raising instead of giving chunks of the compant to mates?
Not to mention Goodman having huge margin loans that caused the shareprice crash much harder than it otherwise would have.
Shareprice upside will be limited now as the lucky mates cash out.
If a company is willing to betray its shareholders as GMG have...
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Last
$35.03 |
Change
-0.470(1.32%) |
Mkt cap ! $66.84B | |||
| Open | High | Low | Value | Volume |
| $35.17 | $35.52 | $34.88 | $18.80M | 534.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 206 | $35.03 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $35.04 | 517 | 14 |
View Market Depth
| Last trade - 13.08pm 26/06/2024 (20 minute delay) ? |
| GMG (ASX) Chart |