i think it will continue its down trend , and may test her previous low of 13c , a 100% fib retrace, the key terms are as follows
The key terms of the A$300 million Facility are as follows:
+ 9 month term expiring on 20 February 2010, extendable for a further 15 months;
+ Secured facility with covenants comparable to those in Goodman’s existing common
terms deed poll;
In conjunction with the Facility, the Lenders will receive Options granted over 414 million
Goodman stapled securities at an exercise price of A$0.30 with a two year term (Options
gmg has to go back to mqg in feb to ask for the extention on the 300mill. facility , this is where gmg falls in the heap, on what terms is mqg going to give her the extention,i.e another 400mill. shares to extend the loan , mqg is pretty much got them by the "you know what"
i think a 9mth term was rediculous , but in the long term i am sure gmg will come back strong , no doubt, i bought at 38c saw her go all the way to 50c , and then bailed at 36c for a small loss
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i think it will continue its down trend , and may test her...
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Last
$33.19 |
Change
0.520(1.59%) |
Mkt cap ! $63.44B |
Open | High | Low | Value | Volume |
$33.06 | $33.41 | $32.76 | $101.6M | 3.072M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 12767 | $33.18 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$33.19 | 2963 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 12767 | 33.180 |
1 | 1500 | 33.150 |
1 | 11532 | 33.040 |
2 | 678 | 32.900 |
2 | 39602 | 32.890 |
Price($) | Vol. | No. |
---|---|---|
33.190 | 2963 | 1 |
33.200 | 41357 | 4 |
33.210 | 2896 | 1 |
33.220 | 2877 | 1 |
33.230 | 14182 | 2 |
Last trade - 16.10pm 05/09/2024 (20 minute delay) ? |
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GMG (ASX) Chart |