"If you are day trading then GMG is most likely a good buy/sell. If you are in it for the long run then I would wait for a while as its value will most likely drop."
now that depends who's buying....
The huge turnover volumes are not retail... they are insto's why is the price going higher, the insto's are buying, so they want to buy higher to sell at a low price..ya dreaming.
IMO The GMG sp will hit 70c before it hits 40c.
"If you are day trading then GMG is most likely a good buy/sell....
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 (20min delay)
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Last
$35.16 |
Change
1.050(3.08%) |
Mkt cap ! $66.77B | |||
| Open | High | Low | Value | Volume |
| $35.11 | $35.19 | $34.80 | $110.1M | 3.140M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 11300 | $35.06 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $35.18 | 200 | 1 |
View Market Depth
| Last trade - 16.10pm 14/08/2024 (20 minute delay) ? |
| GMG (ASX) Chart |