Looks like the presentation next week will determine where this...

Looks like the presentation next week will determine where this goes.

Favourable FY23 guidance could push the SP a lot higher, however, given recent events (reiterated guidance in Feb followed by a downgrade) I wouldn't be surprised if the management decides to hold back on issuing guidance or perhaps may decide to be conservative with their projections moving forward.

With CBI issues still lingering and essentially just another COVID wave away from G&I revenue to be significantly impacted, it may not be unwise to not issue guidance in the current environment.

However, with EML at current levels coupled with rising interest rates and lot of bad news factored in, I am hoping it can't get much worse and hence why I am all in.