ELD 2.95% $8.56 elders limited

Ann: 2016 AGM - CEOs Address, page-32

  1. 14,161 Posts.
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    I was fortunate enough to average down so I am ahead. I don't mind if ELDPA distribution resumes before dividend.
    I disagree with using capital unfairly. My suggestion is the tongue-in-cheek inverse of the unfair situation where ELDPA gets no haircut in redemption while ordinary holders initial investment is so deflated.
    This is not a wind up situation so seniority and risk profile is irrelevant. It is board discretion.
 
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