You just never know.... was grim for Arrium too with end of the world sell-down to 50 cents... then its everyone's favorite when a buyer steps in.
There is value in everything. They even bag cow manure these days.
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Carsales... booming and well managed I know.... with a market cap of $1.7 billion.
Maybe a lousy comparison... but Elders is a big name outside of the capitals... is worth something to somebody... even if for just the name.... and a name that can be bought and turned around to make something better over time.
Somebody bought those ELD ELDPA shares this week.
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Bit of chatter amongst real estate crew for example....
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