a good long term hold, page-2

Hi iluvgold
If the SPP vote get up tomorow in the EGM which is high likely, Elders will no longer be in the hands of management but in the hands of the institutions investors between them they will have control.

IMO dont think management will see 3 years, yes the Elders name will remain but likely see a T.O/M in the next 6 months.

M.J management style was to sell out its shareholders, I was a supporter of M.J untill
1) the miss-leading deal with QBE
2) trading halt when he sold us out for .15cents
3) looking back at all the assets firesales.
4) wasted funds that should of been paying of debt
5) large lose is the FY report