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
69.5¢ |
Change
-0.035(4.79%) |
Mkt cap ! $273.8M | |||
| Open | High | Low | Value | Volume |
| 72.5¢ | 72.5¢ | 69.0¢ | $440.3K | 627.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 9 | 6427 | 69.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 70.0¢ | 39804 | 7 |
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| Last trade - 10.33am 04/09/2024 (20 minute delay) ? |
| EML (ASX) Chart |