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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Exactly right mitta3. Since yesterday (100K units was in play)...
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Last
$9.33 |
Change
0.180(1.97%) |
Mkt cap ! $1.474B |
Open | High | Low | Value | Volume |
$9.14 | $9.35 | $9.02 | $4.178M | 453.9K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 1170 | $9.33 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$9.35 | 1542 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 1170 | 9.330 |
1 | 1408 | 9.280 |
1 | 1408 | 9.270 |
1 | 1408 | 9.260 |
1 | 1408 | 9.250 |
Price($) | Vol. | No. |
---|---|---|
9.350 | 1542 | 2 |
9.360 | 1518 | 2 |
9.370 | 1408 | 1 |
9.380 | 1408 | 2 |
9.400 | 2727 | 3 |
Last trade - 16.10pm 19/08/2024 (20 minute delay) ? |
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ELD (ASX) Chart |