Makes my decision to double my holding at $2.82 a pretty good one. Whilst I thought it was a gutsy move at the time (I have a reasonably large holding in EML) my decision was based on the risk/reward.
Risk was the chance of the Irish regulators closing the local business down which I believe was a low risk. A company can handle a large fine and that probability was high.
Add the confidence I have in the EML management and my decision was made. I did have one eye closed when I pressed the buy button however.
Morningstar has a fair value at $4.51 by the way which was updated on June 7.
Makes my decision to double my holding at $2.82 a pretty good...
Add EML (ASX) to my watchlist
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Last
71.0¢ |
Change
0.050(7.58%) |
Mkt cap ! $268.6M | |||
| Open | High | Low | Value | Volume |
| 65.5¢ | 72.0¢ | 65.5¢ | $1.088M | 1.537M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 14070 | 70.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 71.5¢ | 5352 | 1 |
View Market Depth
| Last trade - 16.10pm 12/11/2024 (20 minute delay) ? |
| EML (ASX) Chart |