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big difference here from AIO who are run by a bunch of half wits with no business acumen at all,yes theres a large dilution BUT elders have a boss with business sense.

jackman has done the right thing by selling off assets,getting big support for his raising/spp,.it had to be done to turn around the business,unlike all the white shoe brigade of the property trusts copping huge losses & not knowing a thing about restructuring a company.

elders is a good 3 years plus hold,they will be re rated not like AIO but because the boss has taken the unpopular decicisions,hold cash,cut divvies etc.

look at it from a purely business point of view,elders is being turned around.

this company will come out of this strongly if you are prepared to be patient.

i dont hold atm but i have been following the stories in afr & i think mr jackman has a robust plan for the future.

there are some very weak leaders of very weak companies who could do well to follow mr jackmans leadership.