The company in their most recent financial results spelt out how they’ll benefit from rising cash rates and the impact on the bottom line. The brokers also note this in their research notes and have the share price around ~$4
Yet we’re still languishing around these levels, why are we being punished? Is it simply all tech being thrown out with the bath water?
Rising rates benefit EML?
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Last
89.5¢ |
Change
-0.005(0.56%) |
Mkt cap ! $333.8M | |||
| Open | High | Low | Value | Volume |
| 89.0¢ | 89.8¢ | 87.0¢ | $605.0K | 683.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 9 | 7946 | 89.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 89.5¢ | 19357 | 19 |
View Market Depth
| Last trade - 15.43pm 25/07/2024 (20 minute delay) ? |
| EML (ASX) Chart |