These guys were the first major insto to get on board years back and they made a lot of money.
They are not fools and must have faith in the EML model.
One would think they know what they are doing - they did not buy at say circa average $1-40 to make a quick 10 or 20 cents , they are going after the big gain, like they did last time when they became substantial late 2014 at around 50 cents a share and sold the majority of stock at circa $1-40 in mid 2016.
They obviously see value and it was the right time to get back - the delay in bringing proposed contracts to fruition and the unsettling of disappointing investors over Tom's selling and the Pie / Boat Fund sell down has created a superb buying opportunity .
As I said before one for the faithful and patient.
These guys were the first major insto to get on board years back...
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Last
$1.01 |
Change
0.025(2.54%) |
Mkt cap ! $252.1M | |||
| Open | High | Low | Value | Volume |
| 98.5¢ | $1.03 | 98.5¢ | $4.678M | 4.654M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 500 | $1.01 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.02 | 4414 | 1 |
View Market Depth
| Last trade - 16.10pm 29/11/2024 (20 minute delay) ? |
| EML (ASX) Chart |
