Money talks in this Elders dilemma. Even the banks despite their seniority in security will have to compromise. Those who will put in additional capital will benefit more than current holders. No place for freeloaders in current elders saga.
As to excessive break fee, have a look at what happened in billabong. It was rejected by the Takeover Panel.
Ann: Market update , page-35
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Last
$8.53 |
Change
-0.010(0.12%) |
Mkt cap ! $1.348B | |||
| Open | High | Low | Value | Volume |
| $8.66 | $8.66 | $8.45 | $2.691M | 316.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 633 | $8.51 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $8.54 | 2102 | 1 |
View Market Depth
| Last trade - 16.10pm 04/11/2024 (20 minute delay) ? |
| ELD (ASX) Chart |