It appears that the lenders are concerned with the cyclical nature of Elder's earnings (drought, etc.) and would prefer cash to be locked up rather than paid out to noteholders and shareholders.
hybrid divis - why suspend for 2 years?, page-5
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Last
$9.57 |
Change
0.160(1.70%) |
Mkt cap ! $1.512B | |||
| Open | High | Low | Value | Volume |
| $9.45 | $9.60 | $9.45 | $6.172M | 647.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1762 | $9.52 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $9.57 | 6501 | 2 |
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| Last trade - 16.10pm 13/09/2024 (20 minute delay) ? |
| ELD (ASX) Chart |