ELD 1.18% $9.23 elders limited

"The standard clause with any lender is that if you fail to meet...

  1. 133 Posts.
    "The standard clause with any lender is that if you fail to meet your repayments the lenders will take ownership of your soul and THEN call the shots. Elders are making their repayments."

    Sbaza you just sumed everything up very nicely in this statement. The annual report clearly states that it is comfortably servicing its interest obligations and even then left with a NPAT of 13.2 million.

    now correct me if im wrong but this is a very good result in the context of this panick we are in and in no way compares to the situation GUNNS was in before they entered administration.
 
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