I noticed that... however that is the nature of the business in which EML operates. GDV conversion to revenue & GP% will fluctuate based upon the "blended mix" of contributions from different aspects of the business.
Agree re: possible revision downwards of broker forecasts for FY18, as a result of these lower metrics...
However for myself, the real question to ask is:
1. Who was willing to let go of 4.5m stock at $2.0 & what was the reason for it?
Seems like today's sell down was a matter of market participants selling first & ask questions later.
Looking at the big picture here, as long as underlying business model remains viable & we continue to grow GDV organically via signing of gaming contracts in UK, Virtual Payments in US at an acceptable clip etc... Then we carry on carrying on.
I noticed that... however that is the nature of the business in...
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Last
$1.00 |
Change
0.015(1.52%) |
Mkt cap ! $252.1M | |||
| Open | High | Low | Value | Volume |
| 98.5¢ | $1.03 | 98.5¢ | $3.152M | 3.137M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 40541 | $1.00 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.01 | 14535 | 3 |
View Market Depth
| Last trade - 13.19pm 29/11/2024 (20 minute delay) ? |
| EML (ASX) Chart |
