Well it is a pretty good deal. Some of you ELDPA holders have touted about getting $110 in about a year, a 15% return. You are only going to get that next year if the company returns to paying dividends.
If the company does indeed start paying dividends, then how about the hybrid holders state what they think the ordinary shares would then be worth? A 15% increase from now is ~$4.31.
To me if ELD does indeed start paying dividends I think the price would be north of $5.00 i.e over 30% gain
Restating it, to me if you believe the company is going well enough to pay out the hybrids in full then you would have to believe the share price at that time would be a better return. i.e > $4.31
Ann: Capital Raising Presentation correction-ELD.AX, page-86
-
- There are more pages in this discussion • 37 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add ELD (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$9.24 |
Change
0.010(0.11%) |
Mkt cap ! $1.460B | |||
| Open | High | Low | Value | Volume |
| $9.26 | $9.29 | $9.17 | $2.372M | 257.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1227 | $9.22 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $9.27 | 1388 | 1 |
View Market Depth
| Last trade - 16.10pm 26/07/2024 (20 minute delay) ? |
| ELD (ASX) Chart |