Ann: Change in substantial holding from IFL, page-6

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MandB

1,952 Posts.

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07/04/18

23:04

Post #: 32295673
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Originally posted by matt98 ↑

Again, exactly has I expected - shake, shake ,shake.

Weak hands sucked in and liquidating insto's , with no choice but to sell at any price.

IOOF no fools happy to sit back and Cregan just like anyone else , saw bargain and took advantage - good to see.Nothing wrong with getting in cheap - remember he has steered this stock from a 9 cents penny dreadful, that no one wanted , to the stock hitting more than $2 on more than one occasion- so there was adequate opportunity for profit takers.

Sure some speculators may have lost money or be behind the eight ball , especially if they bought at the high end,which is regrettable but this is the nature of the share market.Whilst Cregan's selling was not a good look , one cannot begrudge him of the ability to take some profit along the way.He is still the major shareholder, regardless of his previous sales and from what he has stated , totally committed to retaining his existing holding.

Whilst contract execution rate has been slow of late , I like the companies long term prospects and believe this to be a short term hiccup , which will quickly revert ,on back of a good announcement or two , which is well over overdue.

IMO, grossly oversold -would expect this to start moving North , all be it slowly .

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I think you are alone in your opinion. Too early to touch here.

Last edited by MandB: 07/04/18

EML Price at posting: $1.15 Sentiment: None Disclosure: Not Held
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(20min delay)
Last 66.5¢		Change 0.005(0.76%)		Mkt cap ! $252.1M

Open	High	Low	Value	Volume
65.5¢	67.5¢	65.0¢	$471.7K	711.6K

Buyers (Bids)

No.	Vol.	Price($)
2	9868	66.0¢

Sellers (Offers)

Price($)	Vol.	No.
67.0¢	15915	2

View Market Depth

No.	Vol.	Price($)
4	20101	0.705
5	116332	0.700
2	32784	0.695
4	32862	0.690
4	160449	0.685

Price($)	Vol.	No.
0.715	18450	2
0.720	71784	3
0.725	21530	3
0.730	19444	4
0.735	304	2

Last trade - 16.10pm 22/11/2024 (20 minute delay)

EML (ASX) Chart

Ann: Change in substantial holding from IFL, page-6

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Sellers (Offers)