ELD 0.94% $8.47 elders limited

short term

  1. 14,171 Posts.
    lightbulb Created with Sketch. 705
    Pain...

    The market has spooked.

    Only thing that might change that before we see bid details is a blinder annual report (not likely) and next quarterly....

    I expect we will be 25 - 30c after annual once the panic traders exit and people realise that not much has changed except debt reduction and EBIT improvement.

    The worry I have is that customers might get worried about trade risk on longer lead items in the current atmosphere which wont help sales. Then again maybe country customers are a loyal lot who understand hard times and dont want less competition in rural services.
 
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