My opinion is time is right to dump EGG. The run over the year has not been great but now they are losing money as a business. I strongly believe it is hard to compete in the market place for them.
If you ask me for three things i would do on this: 1. Sell ., 2. Sell., 3. Sell., in that order. There is no business case here. Best case is for a merger/ takeover or worst wait for the business to go bust.
I am surprised reaction is not as adverse as i expected, may investors are still processing the implications.
DYOR
Sell EGG
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Last
$1.15 |
Change
0.030(2.68%) |
Mkt cap ! $99.80M | |||
| Open | High | Low | Value | Volume |
| $1.13 | $1.15 | $1.10 | $121.5K | 108.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 22723 | $1.10 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.18 | 3932 | 1 |
View Market Depth
| Last trade - 16.10pm 27/11/2024 (20 minute delay) ? |
| EGG (ASX) Chart |
