Release your inner nostradamus and predict the ELD milestones and outcomes for 2018.
I think the company is making good progress in its "return on capital" focus and this will continue in 2018.
I predict a return to ASX200 in 2018.
It will be a wet la-nina year. Rain is better than drought for aussie farmers so this should flow through to ELD.
Particularly if we see la-nina drought on the US west coast and Chile then commodity prices may rise.
If commodity prices rise then land values escalate. ELD are exposed to this through real-estate.
Share price? I predict it will nudge $9.50 by christmas 2018 if the above comes to pass.
It has been foretold!
ELD Price at posting:
$7.78 Sentiment: Buy Disclosure: Held
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