szaba, my following observation does not really answer your question...but it might pose an interesting observation around who is probably not selling!
In RHL's reporting announcement today, they detailed an NPAT for 11/12 of $13.8 m. In the financial notes , namely events subsequent to balance date...they note that their investment in ELD has taken a hit to the tune of $5.7 m...will be a bit more after today's further drop.
Anyway, makes for interesting maths IMO. If nothing changed (which admittedly is highly unlikely), RHL stand to take a hit to the tune of almost 40% of their full year after tax profit...bet that's not sitting very well in RHL land!
who is buying and why?, page-2
Add ELD (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$9.17 |
Change
0.020(0.22%) |
Mkt cap ! $1.449B | |||
| Open | High | Low | Value | Volume |
| $9.02 | $9.22 | $9.02 | $2.038M | 222.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1084 | $9.16 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $9.21 | 1008 | 1 |
View Market Depth
| Last trade - 16.10pm 29/08/2024 (20 minute delay) ? |
| ELD (ASX) Chart |