Please excuse my ignorance, i do apologize in advance if this post is a little unrealistic.
Lately Market Depth is only around 12 million shares each day until we see 50c, With the current situation at hand and recent partnerships with Macquarie and CIC it would only cost SOMEONE ~$5.5m to it there.
I find it hard to believe that the partnerships on board would sacrifice/risk the money they put in over such a an insignificant amount, especially if there is going to be a CR coming.
Everyone holding wants to make some money inc. the big players, its a small amount to pay in relation to the risk people seem to focus on.
I cant help but think GMG will be fine with how they have gone about their business.
Any comments would be greatly appreciated on my thoughts as i am still fairly new to the market and learning lots from everyone on here.
Good Luck to all GMG holders, patience is the key.
Cheers,
Steve
- Forums
- ASX - By Stock
- GMG
- warning, bubble in china may burst
warning, bubble in china may burst, page-5
-
- There are more pages in this discussion • 8 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add GMG (ASX) to my watchlist
(20min delay)
|
|||||
Last
$37.07 |
Change
-0.730(1.93%) |
Mkt cap ! $70.86B |
Open | High | Low | Value | Volume |
$37.51 | $37.52 | $36.92 | $112.0M | 3.019M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 812 | $37.07 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$37.09 | 10139 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 27 | 36.910 |
1 | 35 | 36.850 |
1 | 260 | 36.800 |
1 | 5400 | 36.630 |
1 | 27 | 36.600 |
Price($) | Vol. | No. |
---|---|---|
37.250 | 1000 | 1 |
37.500 | 1592 | 2 |
37.800 | 5081 | 3 |
37.980 | 3020 | 2 |
37.990 | 550 | 1 |
Last trade - 16.10pm 04/10/2024 (20 minute delay) ? |
Featured News
GMG (ASX) Chart |