Blackrivered, Stabilo
If you are uncomfortable with margin loans don't use them.
What you are saying is like saying nobody should drive a car because they can go at over 100 km her hour. If you drive them at a safe speed it saves walking.
If you argument rests on a position that you cannot safely use a margin loan to buy units in GMG because the lender may stop lending against the security then perhaps you need to do a bit of homework and look at how to safely use a margin loan.
However I will assume you are taking a position based on taking no risks at all - if this is the case, don't buy stocks as the stockmarket may close.
Blackrivered, StabiloIf you are uncomfortable with margin loans...
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Last
$35.70 |
Change
0.130(0.37%) |
Mkt cap ! $67.80B | |||
| Open | High | Low | Value | Volume |
| $35.80 | $35.92 | $35.01 | $103.6M | 2.910M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 10891 | $35.68 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $35.70 | 3884 | 1 |
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| Last trade - 16.10pm 15/07/2024 (20 minute delay) ? |
| GMG (ASX) Chart |