Based on this Ellison will profit from bond holders getting nervous. In the meantime either the bond market or the equity market is wrong. Equity is pricing in default as a near certainty. As others have opined, therein lies opportunity.
True value around $15-$18, page-26
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Last
$35.31 |
Change
0.360(1.03%) |
Mkt cap ! $6.939B | |||
| Open | High | Low | Value | Volume |
| $34.65 | $35.39 | $34.62 | $86.23M | 2.439M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 600 | $35.29 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $35.35 | 300 | 1 |
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| Last trade - 16.10pm 14/11/2024 (20 minute delay) ? |
| MIN (ASX) Chart |