Shorts suddenly spiked in May, and most are yet to cover - according to the delayed ASX data.
EML is a beast, shorting it is suicide. Besides covid, 2018 was the last time there was any significant pullback.
Since covid there hasn't been any apart from the usual intraday highs and lows but it looks like these shorters have taken a longer position and underestimating us based on the high P/E I guess.
It's true this stock has a large premium however Tom and the team never fail to deliver the goods. Short at your own peril imo.
EML $4 Party, page-51
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 (20min delay)
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Last
99.0¢ |
Change
0.010(1.02%) |
Mkt cap ! $371.1M | |||
| Open | High | Low | Value | Volume |
| 98.0¢ | $1.01 | 97.0¢ | $2.116M | 2.150M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 50000 | 98.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.00 | 12140 | 1 |
View Market Depth
| Last trade - 16.10pm 02/05/2024 (20 minute delay) ? |
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Last
98.5¢ |
Change
0.010 ( 0.49 %) |
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| Open | High | Low | Volume | ||
| 98.5¢ | $1.00 | 97.0¢ | 255640 | ||
| Last updated 15.59pm 02/05/2024 ? | |||||
| EML (ASX) Chart |