SP will keep dropping
No one knows why Tom resigned - not even the broker firms
No one know how capable the new CEO
No one knows when the cbi will be resolved.
Result : stockwill just continue to get dumped
This is now my worst stock on hand 72% down and counting.
i held cos I like the business model and hope it can capture more market once cbi was resolved
Now - eml has to deal with internal management issue and who knows what else is stuffed with the business
Certain issues the financial statement does not tell you - like Tom resignation.
i bet is has to be about a disagreement on how to deal with the cbi issue.
Market just dumping it now - crazy
Ann: EML Announces New Managing Director and CEO, page-77
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Last
85.5¢ |
Change
-0.060(6.56%) |
Mkt cap ! $320.7M | |||
| Open | High | Low | Value | Volume |
| 90.0¢ | 90.5¢ | 85.5¢ | $2.901M | 3.328M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 11 | 72293 | 85.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 85.5¢ | 2057 | 1 |
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| Last trade - 16.10pm 02/08/2024 (20 minute delay) ? |
| EML (ASX) Chart |