Perhaps. Seems hard to square buying a chunky stake in a relatively illiquid small cap at 60c and then trying to sell it at ~$1. My read is that Haley's position on the board was to force a change before Shand and co ran the thing aground. With the big strategic decisions mostly bedded down, his presence on the board is no longer required.
Maybe I'm wrong.
Ann: Board Update, page-4
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Last
90.5¢ |
Change
0.010(1.12%) |
Mkt cap ! $339.5M | |||
| Open | High | Low | Value | Volume |
| 88.5¢ | 91.0¢ | 88.0¢ | $531.5K | 589.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 72784 | 90.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 91.0¢ | 29461 | 3 |
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| Last trade - 16.10pm 26/07/2024 (20 minute delay) ? |
| EML (ASX) Chart |