Yep . Possibly they did it this way as a covert way to just raise some cash to deleverage and/or make acquisitions. Any hybrids they could buy at a discount was just upside.
Although my argument for a long time has been that if they just sorted out the hybrids the shares would trade at a higher multiple and they could tap the market anytime at better levels for any deal they might need capital for.
Yep . Possibly they did it this way as a covert way to just...
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Last
$8.16 |
Change
-0.160(1.92%) |
Mkt cap ! $1.284B | |||
| Open | High | Low | Value | Volume |
| $8.32 | $8.37 | $8.16 | $3.570M | 435.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 1944 | $8.16 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $8.17 | 459 | 1 |
View Market Depth
| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| ELD (ASX) Chart |