I agree Elders can afford to deal with the outstanding hybrids if all goes well with the rights issue and conditions don't change (or even improve) over the next year. You won't be offered ~$110 in the next couple of months, it will be closer to a year away. If conditions deteriorate they could easily put off paying a dividend for another 6 months or year, meaning no incentive to redeem until then.
Now I don't think that will happen, and I as a ELD holder expect dividends to resume next year, but I just say it is not risk free.
- Forums
- ASX - By Stock
- Ann: Capital Raising Presentation correction-ELD.AX
I agree Elders can afford to deal with the outstanding hybrids...
-
- There are more pages in this discussion • 43 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add ELD (ASX) to my watchlist
|
|||||
Last
$8.42 |
Change
0.030(0.36%) |
Mkt cap ! $1.330B |
Open | High | Low | Value | Volume |
$8.36 | $8.45 | $8.28 | $4.127M | 490.5K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 2148 | $8.40 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$8.44 | 477 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 1650 | 8.400 |
1 | 1306 | 8.390 |
3 | 1900 | 8.380 |
1 | 1306 | 8.370 |
2 | 2123 | 8.360 |
Price($) | Vol. | No. |
---|---|---|
8.450 | 8751 | 3 |
8.460 | 22306 | 3 |
8.470 | 4306 | 2 |
8.480 | 1806 | 2 |
8.490 | 8682 | 4 |
Last trade - 16.10pm 05/07/2024 (20 minute delay) ? |
Featured News
ELD (ASX) Chart |