LOL at RHL letter. Dont blame ELD for leaving it in the bottom drawer till RHL get serious.
Sounds like a lousy deal for all ELD holders.
The bit that I really didn't like was
QUOTE
Any merger proposal would be on a nil premium basis and
should be priced with reference to the share price of Elders prior to the takeover speculation that
followed the announcement of the acquisition by Ruralco of its initial Elders shareholding
ENDQUOTE
i.e. RHL want ELD holders to accept 20c SP. Good luck RHL. You need at least 50c to make me think you are serious. If this quarterly shows expected debt reduction improved EBIT it goes up from there....
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Last
$9.20 |
Change
0.030(0.33%) |
Mkt cap ! $1.453B | |||
| Open | High | Low | Value | Volume |
| $9.28 | $9.28 | $9.03 | $3.598M | 392.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 13049 | $9.18 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $9.20 | 1062 | 2 |
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| Last trade - 16.10pm 30/08/2024 (20 minute delay) ? |
| ELD (ASX) Chart |