Imo there is s solid chance of another raising. Probably larger and at s bigger discount to previous ones. Look at afj as an example( that's not my reason why). Add to that competition is increasing and multiples are slowly increasing for acquisitions. Further more its getting harder to make material acquisitions due to the size of gem. Add all that up and I see downside.
Disc My holding which is only recent is small and hopefully giving me an in on a potiental raising. Take it all with a grain of salt as I bought in on late 2011 and sold late 2013 thinking that was the top.....
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Last
$1.36 |
Change
0.030(2.26%) |
Mkt cap ! $1.076B | |||
| Open | High | Low | Value | Volume |
| $1.33 | $1.37 | $1.33 | $1.396M | 1.029M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 22672 | $1.35 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.36 | 20295 | 1 |
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| Last trade - 16.10pm 08/11/2024 (20 minute delay) ? |
| GEM (ASX) Chart |
