And there you have it: as succinct asnapshot of investor interest in EG as you'll get.
On Tuesday, the company appoints a new CEO andreports a healthy sales figure and noone gives a rats.
Either of these pieces of news might well have excited some excitement in other companies. But not with EGL. Not a murmur except for the desperate writer.
The sales figure quoted shows considerable demand for EGL services, and the industry is without doubt expanding. A pissant profit was reported last FY but a profit anyway and the business is a going concern.
Given the illiquidity of the stock, the length of time of any turnaround, the absence of any known shareholder communication strategy and the general hassle and cost running a listed entity, a good case can be made for taking EGL private.
Buy it for a song, put longsuffering shareholders out of our misery, get the business moving, relist in 5 years as a Great Shining Green Thing and you're laughing.
That said, having a new captain on the bridge will help no end.
What is a punter to do? Take a haircut and move on, or bottom drawer it?
Immediate SP outlook: moribund.
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EGL
environmental group limited (the)
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27.5¢

And there you have it: as succinct asnapshot of investor...
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Last
27.5¢ |
Change
0.005(1.85%) |
Mkt cap ! $104.6M |
Open | High | Low | Value | Volume |
27.5¢ | 27.5¢ | 27.5¢ | $196 | 714 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 8442 | 26.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
27.5¢ | 92672 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 8442 | 0.265 |
3 | 9537 | 0.260 |
2 | 11000 | 0.255 |
5 | 54000 | 0.250 |
2 | 8131 | 0.245 |
Price($) | Vol. | No. |
---|---|---|
0.275 | 92672 | 3 |
0.280 | 46164 | 3 |
0.285 | 25000 | 1 |
0.290 | 62454 | 3 |
0.295 | 50000 | 1 |
Last trade - 12.57pm 30/07/2025 (20 minute delay) ? |
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EGL (ASX) Chart |