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
66.0¢ |
Change
0.005(0.76%) |
Mkt cap ! $249.6M | |||
| Open | High | Low | Value | Volume |
| 65.5¢ | 69.0¢ | 65.0¢ | $1.264M | 1.900M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 14999 | 66.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 67.0¢ | 13861 | 1 |
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| EML (ASX) Chart |