ELD 1.44% $9.17 elders limited

Ann: 2016 AGM - CEOs Address, page-47

  1. 1,853 Posts.
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    Could I ask most kindly. Which is better value, the hybrids or the shares?

    I personally favour the bonds. But being a hybrid, perpetual? bond. I am wary of the word perpetual

    Shares, they are the beneficiary's of all residual benefits/liabilities. And lets face it ELD has been an example of throwing $100 notes off a freeway overpass.

    Which group of claimants are going to do better vis a vis risk, in the next 2 years?
 
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