The ANZ 'buy' rating comes from the Morning Star rating. They had a $4 rating on this stock in August and then dropped it to $3.50 last week - post facto. Shows how clueless some of the key rating houses are. The mark of a good analyst is to have connectivity with the senior management, not just go on force power point fed junkets. This way they can sense when the business environment is souring...there have been jungle drums banging for months on GEM and Morning Star were missing in action until it was too late. Watch this valuation drop again in the months to come with some justification tosh about "headwinds".
The ANZ 'buy' rating comes from the Morning Star rating. They...
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Last
$1.18 |
Change
0.005(0.43%) |
Mkt cap ! $906.5M | |||
| Open | High | Low | Value | Volume |
| $1.16 | $1.18 | $1.16 | $2.804M | 2.395M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 17250 | $1.17 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.18 | 8239 | 1 |
View Market Depth
| Last trade - 16.10pm 18/06/2025 (20 minute delay) ? |
| GEM (ASX) Chart |