It's a Ponzi scheme , $2m franchise fee per new store . Around 50% of the shares on issue are escrowed so the same owners of those escrowed shares are keeping the shares propped up until they can sell out at 300% profit. Bad news ain't coming out till those escrowed shares are available to be sold in 2025.
Morningstars Analysis of GYG and IPO price, page-155
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Last
$35.76 |
Change
0.510(1.45%) |
Mkt cap ! $3.628B | |||
| Open | High | Low | Value | Volume |
| $35.84 | $36.50 | $35.23 | $2.705M | 75.72K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 24 | $35.75 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $35.96 | 154 | 1 |
View Market Depth
| Last trade - 16.10pm 08/11/2024 (20 minute delay) ? |
| GYG (ASX) Chart |