Worry more about their funds business slowing down as a result of a global slowdown.
People are currently paying a premium for Goodman because it's a top tier developer and fund manager, these can both be hurt in slowing market conditions + Europe & China are slowing where they have huge exposure.
I'd say it's currently overvalued but it's a great business, I wouldn't bet against it!
Worry more about their funds business slowing down as a result...
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Last
$36.46 |
Change
-0.270(0.74%) |
Mkt cap ! $69.69B | |||
| Open | High | Low | Value | Volume |
| $36.53 | $36.72 | $36.27 | $102.0M | 2.800M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 9227 | $36.39 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $36.53 | 10289 | 1 |
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| Last trade - 16.10pm 11/10/2024 (20 minute delay) ? |
| GMG (ASX) Chart |