That's the thing with leverage. It magnifies asset movements. Market thinks GMG's gearing is too high, therefore more sensitive to asset revaluations. Still I think this stock has been way oversold. It is currently priced for failure. So question for investors is simple. Is it going to survive this recession?
That's the thing with leverage. It magnifies asset movements....
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Last
$37.50 |
Change
0.410(1.11%) |
Mkt cap ! $71.68B | |||
| Open | High | Low | Value | Volume |
| $37.05 | $37.74 | $36.79 | $113.4M | 3.028M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 5320 | $37.49 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $37.51 | 2252 | 1 |
View Market Depth
| Last trade - 16.10pm 15/11/2024 (20 minute delay) ? |
| GMG (ASX) Chart |