MarkieMillls ,
Your calculations are based on the issue price face value of ELDPA at $100
They are currently $88 on the market
At that price the return is even better than your 13.6%
And ELDPA come with free steak knives.
If they are redeemed, ( as they probably will be ) it will be at the $100 issue price.
And this will be paid by issuing ELD shares at a 2.5% discount
So effectively they will be redeemed for just under $102.5
A capital gain of around $ 14.5 or 16%
MarkieMillls , Your calculations are based on the issue price...
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Last
$8.56 |
Change
-0.260(2.95%) |
Mkt cap ! $1.352B | |||
| Open | High | Low | Value | Volume |
| $8.79 | $8.82 | $8.56 | $3.059M | 354.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 4938 | $8.56 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $8.62 | 1927 | 2 |
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| Last trade - 16.10pm 27/09/2024 (20 minute delay) ? |
| ELD (ASX) Chart |