I agree wholeheartedly with you Sharecall.
To suggest elders Ords are worth 40cents in a merger is insulting
.
What is is worth is a lot more.Its infrastructure cannot be replicated easily and its at the start of its turnaround.
Why would anyone let a merger take place prior to seeing how the next company financials are.
No opportunistic bids here please.
Elders has a great future and with it great share price potential.
In fact I would argue that if management were ever to agree at prices like that that they may end up being liable to shareholders who would feel ripped off.After what has been said to shareholders regarding its future, I cannot see how management could justify a merger at low prices. DYOR
nice merger scenario in the afr today, page-17
Add ELD (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$8.42 |
Change
0.030(0.36%) |
Mkt cap ! $1.330B | |||
| Open | High | Low | Value | Volume |
| $8.36 | $8.45 | $8.28 | $4.127M | 490.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 2148 | $8.40 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $8.44 | 477 | 1 |
View Market Depth
| Last trade - 16.10pm 05/07/2024 (20 minute delay) ? |
| ELD (ASX) Chart |