ELD 1.70% $9.57 elders limited

Elders reduced bid size?, page-5

  1. 3,090 Posts.
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    So Elders picked up precisely zero additional hybrids in their two week extension of on market bid.

    So now I think Mr Allison needs to explain what he is going to do given he raised $100mil of new equity on the basis that it would allow dividends to paid. The fact is some 28% of the hybrids remain out there, not one hybrid has been cancelled and Elders remains prohibited from paying dividends.
 
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