re: Ann: FY09 first half earnings and updated... I think people are slow to forgive. It was over-hyped prior to listing and the promoters did very well to get around $2 per share. Immediately it began to slide, pausing several times - again much hype and more came on board. Hype turned to disgust etc around 80c and has never recovered despite fundamentals being very sound at these prices. Reality is that the business model didn't work so well at the top of the boom - potential users bought their own equipment rather than rent. imo EHL is a classic counter-cyclical.
Iam not an analyst - dyor
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4 | 19085 | 1.880 |
Price($) | Vol. | No. |
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