EML 0.76% 66.5¢ eml payments limited

Saw that, 243,000 gross shorts taken on Monday alone. Now over 1...

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  1. 2,671 Posts.
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    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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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
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Last trade - 16.10pm 22/11/2024 (20 minute delay) ?
EML (ASX) Chart
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