Although I am bullish on EML, I would doubt the potential upside would be that high unless we go through another tech stock bubble.
In other news, ECB increased rates again last night and have already indicated they'll be raising 0.25 again in July so that's another $4m annualised EBITDA increase just on the EUR float. Even though we are close to the interest rates peaking, central banks are indicating the rates will likely need to be high for a period of time to tackle sticky inflation.
Big tech stocks on Nasdaq have rallied significantly, hopefully we see the same action in the small cap space which has been quite choppy.
Although I am bullish on EML, I would doubt the potential upside...
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Last
97.5¢ |
Change
-0.020(2.01%) |
Mkt cap ! $365.7M | |||
| Open | High | Low | Value | Volume |
| 99.0¢ | 99.5¢ | 96.0¢ | $4.265M | 4.392M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 22522 | 97.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 98.0¢ | 199 | 1 |
View Market Depth
| Last trade - 16.10pm 20/06/2024 (20 minute delay) ? |
| EML (ASX) Chart |