ELD 3.14% $8.86 elders limited

eld debt looking forward, page-7

  1. 3,008 Posts.
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    For the elders board to convince hybrid holders to accept a haircut to face value they would need to show that hybrid holders would get less in administration and/or it will take many years for hybrid holders to receive any income with the current strategy.. Both of which are effectively telling ordinary shareholders their shares are worthless..
 
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