Elders results announcement shows some continuing solid signs -...

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    Elders results announcement shows some continuing solid signs - but beware the fine print......this whole dressing up the result as $50m plus needs note the $8m loss suffered in their live-ex business. Normal year on year the result goes backwards.

    Easy for the CEO to try and wipe it under the carpet and suggest they were one off issues / business closed, but it was all on his watch!

    This was a business that was sustaining sound results over many years but allowed to get away under poor stewardship, not once, but twice now. Once when Allison was Chairman and once when CEO.
 
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