Over stretched & exposed. ELD were involved in Automotive parts, wood chip plantations and a few others.
They've sold and written off theses companies and gone back to their core business as you see it today.
Through good management and acquisition they have been rebuilding.
The return to profit was following a substantial win against the tax office which they received $170M and been moving forward in leaps and bounds.
please note, they did a 10-1 consolidation of the stock so the $260 figure is more in tune of $26.
To make it relevant, the stock is currently at $1 if you want to compare it to its old value. things have changed a little but that's the basic off memory history of ELD.
This is off memory so be gentleI'm a happy holder and have held, bought & sold for near 10yrs.
Over stretched & exposed. ELD were involved in Automotive parts,...
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Last
$8.59 |
Change
0.020(0.23%) |
Mkt cap ! $1.357B | |||
| Open | High | Low | Value | Volume |
| $8.67 | $8.74 | $8.51 | $6.259M | 726.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 129 | $8.58 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $8.59 | 2655 | 3 |
View Market Depth
| Last trade - 16.10pm 11/07/2024 (20 minute delay) ? |
| ELD (ASX) Chart |