OldCar - I will go through the figures later but I believe that EHL took significant write downs on the value of the equipment. There were sales too but I think that their fleet didn't reduce by more than 20 - 30%.
I think if utilisation rates improve, EHL will be in position to renew contracts at much better pricing and
That said, I don't think that we will see a sp of $1. My estimate is 70 cents which is where they were before the crash in QLD and WA utilisation rates.
OldCar - I will go through the figures later but I believe that...
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87.5¢ |
Change
0.010(1.16%) |
Mkt cap ! $401.7M | |||
| Open | High | Low | Value | Volume |
| 87.0¢ | 88.0¢ | 86.5¢ | $553.1K | 632.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 3022 | 87.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 87.5¢ | 99996 | 1 |
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