Well the market is expecting better performance in the second half of the year. In addition to this GMG has been very proactive with the development pipeline. The next boon in business is in Asia and GMG have placed themselves there with CIC as partners.
I think the price reflects market sentiment towards REITS with development potential.
uk deal, page-3
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Last
$35.93 |
Change
-0.410(1.13%) |
Mkt cap ! $68.68B | |||
| Open | High | Low | Value | Volume |
| $35.99 | $36.44 | $35.78 | $100.0M | 2.779M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 70343 | $35.93 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $36.20 | 10394 | 1 |
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| Last trade - 16.10pm 27/09/2024 (20 minute delay) ? |
| GMG (ASX) Chart |