The GMG preferred stock, asx code gmppa is moving up strongly.
Often overlooked to its sibling gmg, the stock has massive strengths.
1 - A cap raising will dilute the fully paid shares, however add strength to gmppa, as the balance sheet will improve.
2 - gmppa is currently returning circa 17% per annum, whilst their is a halt on gmg dividends
3- In the event the world stops turning and Goodman go bust, plus shares rank ahead of ordinary fully paid.
The downside is liquidity. Often harder to acquire and sell. Looking at the buy / sell stack, buyers chasing and for good reason.
- Forums
- ASX - By Stock
- GMG
- overlooked value
overlooked value
-
- There are more pages in this discussion • 6 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
|
|||||
Last
$32.56 |
Change
0.290(0.90%) |
Mkt cap ! $61.93B |
Open | High | Low | Value | Volume |
$32.20 | $32.79 | $31.73 | $122.6M | 3.780M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 10000 | $32.54 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$32.63 | 423 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 10000 | 32.540 |
2 | 688 | 32.520 |
2 | 11508 | 32.490 |
1 | 11508 | 32.440 |
2 | 18179 | 32.400 |
Price($) | Vol. | No. |
---|---|---|
32.630 | 423 | 1 |
32.720 | 11508 | 1 |
32.730 | 688 | 2 |
32.740 | 3314 | 1 |
32.760 | 11508 | 1 |
Last trade - 16.10pm 23/08/2024 (20 minute delay) ? |
Featured News
GMG (ASX) Chart |
The Watchlist
SER
STRATEGIC ENERGY RESOURCES LIMITED
David DeTata, Managing Director
David DeTata
Managing Director
SPONSORED BY The Market Online