ELD 1.85% $9.37 elders limited

Institutions currently have elders valued at 25 mill.The...

  1. SSV
    1,145 Posts.
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    Institutions currently have elders valued at 25 mill.

    The Agribusiness sector in WA is about to hit the fan.
    Large writedowns expected.
    The longer the sales process goes on the worse it will be.

    Ruralco may not have deep enough pockets.
    Their independent retailers are already changing over to other groups as they believe the merger would be bad for them.
    Expect turmoil till the end of this month when rumours expect the banks to take control.


 
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