I have taken an initial position at 1.005. The higher interest rate environment will add significantly to EBITDA medium term. The business has some issues but at these levels it seems to have a very good safety of margin. I think we may see a late arvo partial rally. Happy to hold for medium term rerate
2 dollars to 1 is a 50% drop
1 to 1.50 is a 50-% gain so a recovery is more meaningful from these prices
Ann: EML Announces New Managing Director and CEO, page-42
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Last
67.0¢ |
Change
-0.040(5.63%) |
Mkt cap ! $253.4M | |||
| Open | High | Low | Value | Volume |
| 70.0¢ | 70.0¢ | 66.5¢ | $1.111M | 1.635M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 109155 | 66.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 67.0¢ | 4999 | 1 |
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| Last trade - 16.10pm 13/11/2024 (20 minute delay) ? |
| EML (ASX) Chart |