ELD 0.33% $9.20 elders limited

elders dump, page-17

  1. 226 Posts.
    Re: Perfect contrarian stock to buy

    I started buying at 38c (66% down on that now) as a contrarian stock. Of course I bought up loads at 15c. My total holding is now down 30%, for a long hold. The only thing contrarian in my view is how contrary it is to my other stocks which are all looking either good or reasonable.

    Management made a mistake doing a 10 for 1 on this.

    Directors need to lead by example here and buy some stock at these levels to show long holders that they back this dusty old beast.
 
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