Beauty is in the eye of the beholder. You just need to have held as many busted companies as me to appreciate the one that clawed it's way back to profitability.
See my post on 15/8/14 (sorry don't know how to link to it). I still feel like that.
This is the most impressive turnaround I have ever seen. In 2011-12 I valued EGG at $0.
I remember a 5c div not so long ago. It's a bit like getting an inheritance 5 years after the funeral. A very unexpected pleasure.
I have held better that went belly up or did a scheme of company arrangement for a management buyout that left me with nothing and made management and their cronies rich in the process.
EGG is an artwork to me. Every time I look at it expand geographically with a vision for the future, it makes me feel good. It's not good to be emotional about a stock but I actually have faith in the management team to get me back in the black, that's why I don't trade it or take some off the table.
Not smart I know, but this is my little Aussie battler. You'll need to forgive my indulgence here. I am a true believer. Totally irrational, I confess.
If you are looking for a peer comparison have a look at WPP (the old STW) and compare the sp from 2012. You are up about 80%. Well done!
Also I agree this year's result was disappointing (no one likes to see profit decline) but it was still the second best in 8 years.
Anyway, I could go on and on in self justification. DYOR and make good decisions. You'll be right
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Last
$1.18 |
Change
0.015(1.29%) |
Mkt cap ! $99.80M |
Open | High | Low | Value | Volume |
$1.17 | $1.18 | $1.15 | $140.8K | 120.4K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 9500 | $1.16 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.18 | 3932 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 3494 | 1.060 |
1 | 325 | 1.050 |
1 | 200 | 1.020 |
1 | 25000 | 1.015 |
1 | 15000 | 1.010 |
Price($) | Vol. | No. |
---|---|---|
1.105 | 8319 | 1 |
1.120 | 20000 | 1 |
1.140 | 2500 | 1 |
1.145 | 10455 | 1 |
1.200 | 30351 | 3 |
Last trade - 16.10pm 29/11/2024 (20 minute delay) ? |
EGG (ASX) Chart |