more interest rate rises across the board - .25% here and in the US. ECB are expected to increase rates by 0.25 to 0.5% again tonight. More money that goes straight to EML's bottom line. In one of their earlier reports as noted below (hopefully still correct?), a 1% increase in all jurisdictions leads to $15m increase in EBITDA. If ECB rasie 0.5% again tonight that's another $4m EBITDA on an annualised basis.
Ann: New Leadership, Operational Priorities and Strategic Review, page-63
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Last
90.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $339.5M | |||
| Open | High | Low | Value | Volume |
| 90.0¢ | 93.0¢ | 90.0¢ | $382.8K | 419.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 12480 | 90.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 91.0¢ | 4068 | 1 |
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| Last trade - 16.10pm 29/07/2024 (20 minute delay) ? |
| EML (ASX) Chart |