At the end of this article, there is an update on ELD/ELPDA- for members or take a free trial:
http://www.afr.com/p/opinion/sfg_whk_tie_up_could_be_revisited_SCVbwROiqxyKiVCnIsAkJI
(Copyright fair use in putting in this snippet of an otherwise long article on another company):
Elsewhere, the timetable for Elders’ sale of its rural services division is believed to have slipped by one week. Finals offers are now due on Monday, with Ruralco the most likely starter at the auction.
There is understood to be some worry among Elders lenders that any bids may not be enough to cover the company’s debt. The banks initiated the sale process, along with that of Elders’ other divisions, including Futuris Automotive. Equity investors already appear all but wiped out, with shares closing at 7.3¢ on Tuesday, and there is also some discussion about the fate of hybrid investors.
__________
Just in case people were wondering why the dip in ELD and ELDPA today- it's likely the above snippet.
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$8.57 |
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0.115(1.36%) |
Mkt cap ! $1.348B |
Open | High | Low | Value | Volume |
$8.47 | $8.63 | $8.42 | $1.600M | 187.1K |
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No. | Vol. | Price($) |
---|---|---|
8 | 6441 | $8.56 |
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Price($) | Vol. | No. |
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16 | 4262 | 8.550 |
15 | 5066 | 8.540 |
9 | 10267 | 8.530 |
8 | 5181 | 8.520 |
8 | 2818 | 8.510 |
Price($) | Vol. | No. |
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8.570 | 2088 | 12 |
8.580 | 1285 | 9 |
8.590 | 4582 | 10 |
8.600 | 6357 | 9 |
8.610 | 3076 | 4 |
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