Exactly right mitta3.
Since yesterday (100K units was in play) whoever traded it;
- best case scenario - loss - $4,000
- worst case scenario - loss or they are down (if they have not sold it today) - $9,000
And by the look of it the USA tonight will do another "splat" session. If so, I can not see FRI as "happy days" trading day either. So, a bounce this week is just a wet dream. If blue chip stocks have been fighting for survival then stocks such as ELD do not stand a chance to be among the first to recover no matter how oversold they may be. With all the reduced price targets by the brokers there is yet another obstacle for a speedy recovery as everyone that does not do this kind of investing themselves but have managers/brokers must have picked up their phones today asking their brokers whether to abandon the ship or at least get a life jacket. With the Clampets behind the wheel ELD will continue to drift south and I have serious doubts that even a life jacket will help.
A sad story.
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Last
$9.14 |
Change
0.120(1.33%) |
Mkt cap ! $1.444B |
Open | High | Low | Value | Volume |
$9.17 | $9.22 | $9.04 | $1.790M | 196.3K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 3990 | $9.08 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$9.15 | 1218 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 111 | 8.970 |
1 | 66 | 8.960 |
1 | 350 | 8.930 |
2 | 2057 | 8.850 |
3 | 3542 | 8.650 |
Price($) | Vol. | No. |
---|---|---|
9.190 | 270 | 1 |
9.200 | 1527 | 1 |
9.210 | 3000 | 1 |
9.220 | 155 | 1 |
9.230 | 632 | 1 |
Last trade - 16.10pm 09/08/2024 (20 minute delay) ? |
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ELD (ASX) Chart |