Different company but STO recently did a 2 for 5 issue and allowed higher applications. There was about a 15%-20% discount to the post announcement share price. Despite this the offer was undersubscribed and they gave extra shares to underwriters (as well as scaling back some very annoyed holders, including yours truly).
GMG is 1 for 1 so asking for more money relative to existing market cap compared to STO. So don't be surprised if it is undersubscribed. A top up is guaranteed particularly for small investors like yours truly - my shares are worth about $1,000.
- Forums
- ASX - By Stock
- GMG
- market is about right
market is about right, page-21
-
- There are more pages in this discussion • 2 more messages 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 GMG (ASX) to my watchlist
(20min delay)
|
|||||
Last
$36.30 |
Change
-0.520(1.41%) |
Mkt cap ! $69.39B |
Open | High | Low | Value | Volume |
$37.06 | $37.09 | $36.21 | $81.25M | 2.229M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 4866 | $36.26 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$36.37 | 10331 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 4866 | 36.260 |
7 | 13013 | 36.250 |
1 | 50 | 36.200 |
3 | 1038 | 36.170 |
1 | 73 | 36.160 |
Price($) | Vol. | No. |
---|---|---|
36.370 | 10331 | 2 |
36.410 | 10331 | 2 |
36.440 | 10331 | 1 |
36.480 | 10331 | 1 |
36.720 | 150 | 1 |
Last trade - 16.10pm 09/10/2024 (20 minute delay) ? |
Featured News
GMG (ASX) Chart |
The Watchlist
AHK
ARK MINES LIMITED
Ben Emery, Executive Director
Ben Emery
Executive Director
SPONSORED BY The Market Online