XAO 0.59% 8,703.1 all ordinaries

Short Term Trading Week Starting: 22 Oct, page-12

  1. 12,929 Posts.
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    GEM is the next A2M?

    I mean I recognise that GEM has refinanced and the ANN is the most positive for years but GEM has to more than double, perhaps even quadruple to be like A2M.

    I can see GEM going back to $4 to $5 but to be like A2M it has to hit about $10 perhaps even more.

    I think $10 per share for GEM is a bit of a stretch target given its recent trajectory.

    The refinancing is good tho and a positive. I take that point without getting extremely exuberant.
    Last edited by JCoure: 22/10/18
 
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