I predict that ELD will be up a bit tommorrow (17.5 or 18 cents).
Base metal spot prices are up and FTSE has had a strong open, currently up 0.75%.
ELD has been hit particularly hard because of its dilution, but I think that things will turn around soon.
The SPP was oversubscribed which means that there was strong interest in holders accumulating at these prices.
A stockbroker in the Sunday times last Sunday had a recommendation for ELD stating that it can only go up from these prices.
Hopefully the Dow jones gives us with a positive lead!
sentiments from holders?, page-12
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Last
$8.77 |
Change
0.380(4.53%) |
Mkt cap ! $1.386B | |||
| Open | High | Low | Value | Volume |
| $8.52 | $8.83 | $8.48 | $3.501M | 401.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 175 | $8.76 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $8.83 | 10797 | 2 |
View Market Depth
| Last trade - 16.10pm 06/11/2024 (20 minute delay) ? |
| ELD (ASX) Chart |