I bought GMG on close today, because i thought its been way oversold and due for a major technical bounce. Saying this the results released tommoz morning will prob have a major influence on whether the bounce is going to occur. I am just wondering what is the market expecting to hear from GMG as in any positive news that will cause the price to lift off? e.g. No need for capital raising, retaining dividend etc... The market has obviousley very low expectations of the results anyway seeing as the price has been pounded over 60% in the past 2weeks, so im guessing any bit of good news will see this stock fly away from open. Any thoughts about the results tommoz and what market expectations are.....
cheers
jason
what does the market expect tommoz
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Last
$34.52 |
Change
0.370(1.08%) |
Mkt cap ! $65.55B | |||
| Open | High | Low | Value | Volume |
| $34.50 | $34.64 | $34.28 | $87.25M | 2.529M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 12131 | $34.44 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $34.59 | 270 | 1 |
View Market Depth
| Last trade - 16.10pm 26/07/2024 (20 minute delay) ? |
| GMG (ASX) Chart |