Ann: Change of Director's Interest Notice - R Murphy, page-2

I profited from selling my ELD but may at some stage buy back in.

A Director purchasing at this level to increase her ELD SP exposure is like a train driver in Victoria viewing a 'top green' (green over red) signal - proceed at maximum allowable track speed, the line is clear ahead.

That's not to say ELD won't have inevitable bumps or encounter Acts of God temporarily adversely affecting pockets of rural industries, but the La Nina effect means reasonable to excellent times are more likely than not in agriculture and horticulture for the next few months.

After a couple of good (or better) graingrowing seasons and historically high prices for livestock, confidence would be high across swathes of rural Australia. Companies such as GNC face excellent demand for the crops they handle, so that and good subsoil moisture means those on the land are willing to invest more, and plant optimistically. Even dairy farmers are making money though they're big whingers.

Management of ELD seems first class with an MD/CEO who seems from what one can judge as an outsider, a very competent man.