EAX energy action limited

Lower margins, silly acquisitions and overvaluation

  1. 1,346 Posts.
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    The worst result I've ever seen from this company:

    - Margins smashed due to expansion into unreliable low margin business
    - Recurring revenue high margin business shrinking
    - Management looking after themselves with deferred payment for acquisitions funded by debt and cash (not many shares). Therefore EPS boost will result in performance bonuses even if return on invested capital is poor
    - Exec salaries are up etc.. etc.

    Here's the full version: http://ethicalequities.com.au/2014/08/19/how-energy-action-limited-has-lost-its-way-asx-eax/

    NB: "Not Held" but believe I still have an indirect interest, I hope not. Sold on open.
 
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Last
35.0¢
Change
0.000(0.00%)
Mkt cap ! $13.83M
Open High Low Value Volume
0.0¢ 0.0¢ 0.0¢ $0 0

Buyers (Bids)

No. Vol. Price($)
1 37901 35.0¢
 

Sellers (Offers)

Price($) Vol. No.
39.0¢ 36625 1
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Last trade - 16.21pm 08/08/2025 (20 minute delay) ?
EAX (ASX) Chart
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