Saw that, 243,000 gross shorts taken on Monday alone. Now over 1 million shorts. Interesting to watch the tussle now to see if they can smash it below $1.40 and break resistance. Add in the "angry fund selling" and they might just do it. Look for some large wash out crosses. All about FY19 guidance now as $20M EBITDA for FY18 is pretty much a given. Conservative value now on an EBITDA multiple of 15 is $1.85 in my opinion so happy days if the shorter's get it to $1.20. Stock was under 50 cents some 4 years ago and seems there are funds out there that have forgotten what an amazing achievement it is to build a company from scratch to operating in 19 country's across 8 currencies with a 5 year EBITDA CAGR of 259%. My point is when the share price is getting trashed for good reason.....i.e. Get Swift, Big Un then reassess for sure. When a share is getting beaten up because of shorter's and angry fundie's and not the core business then why would you sell ?
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Saw that, 243,000 gross shorts taken on Monday alone. Now over 1...
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Last
88.5¢ |
Change
0.200(29.2%) |
Mkt cap ! $252.1M |
Open | High | Low | Value | Volume |
87.0¢ | 90.0¢ | 82.0¢ | $10.50M | 12.19M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 1000 | 88.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
88.5¢ | 96531 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
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 26/11/2024 (20 minute delay) ? |
EML (ASX) Chart |