The title is "New idea - fundamental value (w/ event kicker)"
Fundamental value is a reasonable description of the current state of EML. I guess the event kicker is CBI (eventually) loosening the leash at some point.
The announcement was a nothing other than holding guidance, which is great in the current climate. But then if we meet guidance, the stock is cheap, so this also supports a strong green day.
I don't see anything in the announcement that indicates growth cap won't continue after March 2024. We hope it won't, but that will depend on whether EML can satisfactorily comply with regulations.
Ann: Central Bank of Ireland Update, page-37
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Last
$1.03 |
Change
0.010(0.99%) |
Mkt cap ! $387.1M | |||
| Open | High | Low | Value | Volume |
| $1.02 | $1.04 | $1.02 | $287.6K | 280.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 12 | 9227 | $1.03 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.03 | 15922 | 16 |
View Market Depth
| Last trade - 12.34pm 10/05/2024 (20 minute delay) ? |
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Last
$1.02 |
Change
0.010 ( 0.55 %) |
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| Open | High | Low | Volume | ||
| $1.03 | $1.03 | $1.02 | 19695 | ||
| Last updated 12.51pm 10/05/2024 ? | |||||
| EML (ASX) Chart |