I've stated before Futuris is a potential gold mine and should stay in the ELD portfolio. It would be insanity to sell it off, especially to the Chinese market which will cause it to supernova in the next couple years...Wouldn't miss seeing all the forestry assets fly out the door though.
I think $1 is very optimistic for a takeover price.....but you never know. I'd be pleased with 50 to 75¢. If $1+, I'll do cartwheels in the front lawn. I'm surprised WES hasn't jumped in though. They like to diversify and they'd certainly get that with ELD. A good fit for them....
We are in for some interesting times....
I've stated before Futuris is a potential gold mine and should...
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Last
$8.16 |
Change
-0.160(1.92%) |
Mkt cap ! $1.284B | |||
| Open | High | Low | Value | Volume |
| $8.32 | $8.37 | $8.16 | $3.570M | 435.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 1944 | $8.16 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $8.17 | 459 | 1 |
View Market Depth
| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| ELD (ASX) Chart |