GMG 0.19% $37.10 goodman group

reply from smh jouranlist

  1. 656 Posts.
    This is what I asked?

    Reply is at bottom

    Michael,

    I have read you article relating to the REITS and in particular Goodman Group.

    I am losing a substantial amount of money on GMG and believe that today's trades on the ASX (Vol 65M) where the shares dipped to 19 cents are being manipulated
    by someone. This is not fair to the retail investor.

    Of particular concern are the following comments

    Goodman result a shocker

    On the news front, one of the "leading lights'' of the sector, Goodman Group, handed down a $450 million half-year loss this morning: a shocker. The principal Greg Goodman had presciently offloaded his shares at far higher prices than the 30 cents a share it presently might fetch if it were not suspended.

    How do you know that Goodman is selling down or has sold? I believe this is not the case. Can you clarify this point.
    I believe the Goodman family after having disposed of 78m shares to cover a margin loan last year still hold 74M shares

    What do you mean by suspended?

    You reply would alleviate some fears I have or alternatively confirm them

    REPLY - cut and paste straight copy

    sorry john, i should have made that gg thin\g more clear. i would not be surprised if there were shenannigans in the stock - happens so often that it is not really a story

    rgds

    mw



 
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Last
$37.10
Change
-0.070(0.19%)
Mkt cap ! $70.45B
Open High Low Value Volume
$36.54 $37.10 $36.22 $116.6M 3.183M

Buyers (Bids)

No. Vol. Price($)
1 876 $37.10
 

Sellers (Offers)

Price($) Vol. No.
$37.11 9938 2
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Last trade - 16.10pm 19/07/2024 (20 minute delay) ?
GMG (ASX) Chart
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