Well, since the stock has instos on their register, I'd think they'll read into the late announcement differently than I, the small share holder. The stock has already bled big for Irish CBI saga. Now this announcement, very poorly formulated, states a more limited impact than originally thought. Large holders are better positioned to think more rationally than I. Initial reaction to trading the stock tomorrow might be a mediocre slide but by next Monday's close, imo, the stock will bounce back to higher level than today's close. Conjecturing a drop to $2.70 sounds like a figure out of the hat as it's not supported by any analysis. At that level I am happy to heavily borrow and buy big into EML. The drop from $4.20 during the the last month or so has already cushioned any negative impact. The worst case scenario, imo, is a quick drop to $3.30 and then a bounce back to the current trading tunnel. Stock market can temporarily lose its sanity, but it is by nature a logical beast. All my own reading of the situation; not any advice. Tomorrow will answer everyone's concerns. GLTA.
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Last
99.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $371.1M |
Open | High | Low | Value | Volume |
99.5¢ | $1.01 | 97.5¢ | $1.477M | 1.497M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 12170 | 98.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
99.5¢ | 23200 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 10000 | 0.980 |
2 | 30000 | 0.975 |
2 | 100526 | 0.970 |
1 | 14000 | 0.965 |
3 | 4500 | 0.960 |
Price($) | Vol. | No. |
---|---|---|
0.995 | 8200 | 1 |
1.005 | 996 | 1 |
1.010 | 40320 | 5 |
1.015 | 80360 | 4 |
1.020 | 54790 | 3 |
Last trade - 16.10pm 03/05/2024 (20 minute delay) ? |
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Last
99.0¢ |
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Change
0.000 ( 0.32 %) |
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Open | High | Low | Volume | ||
98.5¢ | 99.5¢ | 97.5¢ | 212039 | ||
Last updated 15.59pm 03/05/2024 ? |
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EML (ASX) Chart |