ELD traded as high as $15 9-10 months ago. Lots has happened since - the CEO's retirement plans amongst other things, but it has fallen 40% from it highs.
My comment was in specific reply to the previous posters view that ELD's institutional investor briefing was to blame for the price weakness since. Judging by the turmoil that has affected markets in the past month or so, I dont think that briefing has anything to do with ELD price weakness. The baby often gets thrown out with the bathwater when markets experience extreme volatility. ELD has been caught up in it but are very well placed for the long term.
ELD General Discussion, page-225
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Last
$9.35 |
Change
0.010(0.11%) |
Mkt cap ! $1.477B | |||
| Open | High | Low | Value | Volume |
| $9.27 | $9.35 | $9.24 | $2.398M | 257.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1172 | $9.32 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $9.35 | 10238 | 2 |
View Market Depth
| Last trade - 16.10pm 30/07/2024 (20 minute delay) ? |
| ELD (ASX) Chart |