ELD 0.99% $9.15 elders limited

buy back, page-8

  1. 2,397 Posts.
    lightbulb Created with Sketch. 50
    Hi jack
    The Banks hold the cards wrt ELD.When the refinancing is set I reckon a condition will be--"no ELDPA dist." Same as PXUPA/PPX.
    Both PPX and ELD have plenty of problems,and the market is pricing the prefs on a belly up scenario.The market is not always right though generally that's the way to place one's bet.Just one persons view!
 
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