ELD General Discussion, page-358

Speaking of its charts...

If you look at the 5 year chart with a weekly or monthly view- you can miss something- the daily or intraday spikes. The 5 year chart, set at daily closing, shows a reliable 6 month spike or plummet- the 6 months results and guidance.

Mr Market and his analyst helpers are pretty poor at estimating coming results. Or, is ELD poor in keeping the market informed? Or, does so much change after the previous quarterly heads up- the nature of the sector?

Speaking of intraday movements.
The last 12 months- 253 sessions- the average difference between the daily high and low- 28c. Only 20 sessions above 50c.
23 May 2022, $1.02 low to high- five days of high volume and SP volatility- the half yearly report.
14 November 2022, $2.28 low to high- two days of high volume and volatility- the full year report.

So, this usually a boring stock that comes to life twice a year by surprising the market.

I hold, have held, other stocks that regularly surprise the market either 6 monthly or quarterly. There is risk and reward. Fundaments are essential. FOMO can be suicidal.

More to learn here.

IMHO DYOR