When the original CBI announcement hit, this went from just over $5 to just under $3. EML reported PFS represented only 27% of group revenue despite the price dropping almost 50%.
Fast forward, and EML began to make a rebound, even to back above $4. Then, it slid again as the CBI issue dragged on. And again when Tom C was replaced.
Unless I'm mistaken, this announcement reports that this latest issue will see revenue falling BY not TO less than five million dollars, and the stock tanks 25% again.
Can anyone make heads or tails of this?
Ann: Update on Regulatory Matters, page-56
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Last
97.0¢ |
Change
-0.025(2.51%) |
Mkt cap ! $365.7M | |||
| Open | High | Low | Value | Volume |
| 99.0¢ | 99.5¢ | 96.0¢ | $3.481M | 3.586M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 37948 | 97.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 97.5¢ | 20340 | 24 |
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| Last trade - 13.13pm 20/06/2024 (20 minute delay) ? |
| EML (ASX) Chart |