The terms of the hybrids cannot be changed without approval of the hybrid holders. So a payout at less than par will only happen in the event of a liquidation where the assets are less than the liabilities and ordinary shareholders will get zero. again, i repeat also, ordinary shareholders cannot receive any dividend or capital return until hybrids have received a year's worth of distributions. so any scenario that discounts the value of hybrids on the prospect of no distributions for a long time should discount the ordinary's more.. ie. if you think the hybrids are zero coupon perpetuals , the ordinary's are more so..
- Forums
- ASX - By Stock
- ELD
- it's elders time
it's elders time, page-69
-
- There are more pages in this discussion • 1 more message in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add ELD (ASX) to my watchlist
|
|||||
Last
$9.40 |
Change
0.050(0.53%) |
Mkt cap ! $1.487B |
Open | High | Low | Value | Volume |
$9.38 | $9.42 | $9.35 | $502.0K | 53.45K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
5 | 200 | $9.40 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$9.41 | 331 | 9 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
6 | 887 | 9.400 |
9 | 2344 | 9.390 |
9 | 1856 | 9.380 |
11 | 4767 | 9.370 |
7 | 4441 | 9.360 |
Price($) | Vol. | No. |
---|---|---|
9.410 | 562 | 6 |
9.420 | 1267 | 8 |
9.430 | 2180 | 9 |
9.440 | 2669 | 8 |
9.450 | 6292 | 12 |
Last trade - 10.58am 31/07/2024 (20 minute delay) ? |
Featured News
ELD (ASX) Chart |
The Watchlist
MTL
MANTLE MINERALS LIMITED
Nick Poll, Executive Director
Nick Poll
Executive Director
SPONSORED BY The Market Online