Can anybody tell me why the ELDPA have dropped back to around $35 again from $45 when they are higher in the order for repayment than ordinary share holders.
My take is that the market thinks that if they sell rural services first, this does not require ELDPA approval and this will retire debt leaving eldpas and ordinaries fighting it out for the value of futuris/forestry to return money to shareholders.
ELD Price at posting:
15.5¢ Sentiment: None Disclosure: Not Held
