Arguably, the biggest overhang for EML share price was the regulatory remediation relating to PCSIL and PFSUK and the resultant losses that stemmed due to growth cap restrictions and the significant increase in business overheads due to the compliance and regulatory related activities - more FTEs, consultants etc.
With PCSIL going through the process to be wound up and the UK growth gap lifted by the FCA, it marks the closure of a painful 3 year chapter.
Today's share price action was interesting as i thought this should lead to a re-rate.
Blue skies ahead!!!
Arguably, the biggest overhang for EML share price was the...
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Last
98.3¢ |
Change
-0.008(0.76%) |
Mkt cap ! $371.1M | |||
| Open | High | Low | Value | Volume |
| 98.0¢ | 98.3¢ | 97.8¢ | $81.38K | 82.99K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 8308 | 98.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 98.5¢ | 4039 | 5 |
View Market Depth
| Last trade - 10.11am 06/05/2024 (20 minute delay) ? |
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Last
99.0¢ |
Change
-0.008 ( 0.05 %) |
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| Open | High | Low | Volume | ||
| 98.0¢ | 99.0¢ | 98.0¢ | 12893 | ||
| Last updated 10.31am 06/05/2024 ? | |||||
| EML (ASX) Chart |