PART II
GAME - Pick a punter.
Investor No.1
DATE: period from June - November 2008
DEBT: HUGE - June $523-1,250 million
SHARE PRICE: From $2 down to $1.4
GLOBAL FINANCIAL CLIMATE: CHAOS
BOTTOM FLOOR: Unknown
INVESTMENT CAPITAL $100,000
SHARES ACQUIRED: 60,000 (rounded/average price)
If still holding the value is $30,000 or 70% LOSS
Investor No.2
DATE: September 2009
DEBT: $200 million
SHARE PRICE: $0.25
GLOBAL FINANCIAL CLIMATE: Stabilising.
BOTTOM FLOOR: approx. $0.15
INVESTMENT CAPITAL: $100,000
SHARES ACQUIRED: 490,000 (rounded/360K @ 0.25 and 130 @ $0.12
To make an equal loss as Inv. No.1 ELD SP would need to fall to $0.06
Question - If the GFC scenario from September -November 2008 and March 2009 were to happen again, would you (as an investor) invest your capital in a company that had $1.2 billion debt?
PART IIGAME - Pick a punter.Investor No.1DATE: period from June...
-
- There are more pages in this discussion • 19 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add ELD (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$9.20 |
Change
0.030(0.33%) |
Mkt cap ! $1.453B | |||
| Open | High | Low | Value | Volume |
| $9.28 | $9.28 | $9.03 | $3.598M | 392.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 13049 | $9.18 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $9.20 | 1062 | 2 |
View Market Depth
| Last trade - 16.10pm 30/08/2024 (20 minute delay) ? |
| ELD (ASX) Chart |