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Eduardo Elsztain, the Argentine tycoon who stormed onto the...

  1. edshann
    2,317 Posts.
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    23/11/20
    14:46
    Post #: 49072566
    Eduardo Elsztain, the Argentine tycoon who stormed onto the Israeli business scene eight years ago by acquiring IDB, effectively lost control of the giant holding group Thursday, after a Tel Aviv court declared it insolvent and appointed a trustee to oversee the liquidation of IDB Development Corp.

    I wonder if this explains the share price weakness. The main shareholder has had covid and lost control of Israeli company.

    https://en.globes.co.il/en/article-eduardo-elsztain-they-set-me-a-trap-to-steal-idb-1001346557
    AGD Price at posting: 19.0¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch. 1  Great analysis
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