How frustrating is it to hold this stock?
It gets smashed because of uncertainty with the short term debt refinancing. Nnow that they have annouunced that it's out of the way it gets smashed again.
The deal may be crap, but shouldn't the SP still go up on the basis that the market has punished GMG already for the possibility of not being able to refinance their debt?
I'm this close to pulling the plug on this dud.
positive anouncement why is it getting smashed, page-2
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Last
$35.16 |
Change
1.050(3.08%) |
Mkt cap ! $66.77B | |||
| Open | High | Low | Value | Volume |
| $35.11 | $35.19 | $34.80 | $110.1M | 3.140M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 11300 | $35.06 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $35.18 | 200 | 1 |
View Market Depth
| Last trade - 16.10pm 14/08/2024 (20 minute delay) ? |
| GMG (ASX) Chart |