The truth hurts, sometimes. With the mean PO for GMG around 44c, there's not much upside expected from here, especially once that dilutionary rights issue comes
If I see another post talking about GMG's great assets and the like, I will spew up. It is massively indebted, and has flicked 20% of the farm to secured, short term lenders at high rates.
That spells trouble. Maybe not doom, but a lot of trouble
AF is spot on. Step back, and go elsewhere
ml daily fix, page-6
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Last
$35.57 |
Change
0.110(0.31%) |
Mkt cap ! $67.55B | |||
| Open | High | Low | Value | Volume |
| $35.74 | $35.88 | $35.28 | $97.05M | 2.727M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 5883 | $35.56 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $35.58 | 100 | 1 |
View Market Depth
| Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
| GMG (ASX) Chart |