This couldn't come at a worse time with EOFY selling likely to drive the SP lower over the next week.
My gut feeling is that 15c is looking more likely than 57c in the next few months. Today's sell-off will shatter morale at the Elders branches across Australia. The best will leave, and they'll be replaced by muppets. Both clients and suppliers will be fearful of dealing with Elders going forward. This is a disaster for a company that's already in the turd...but you might make a quick profit through short term trading. My advice is avoid, but as always, DYOR.
panic = opportunity, page-37
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Last
$8.88 |
Change
0.015(0.17%) |
Mkt cap ! $1.382B | |||
| Open | High | Low | Value | Volume |
| $8.87 | $8.91 | $8.74 | $2.515M | 285.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 21 | 1683 | $8.87 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $8.88 | 1033 | 12 |
View Market Depth
| Last trade - 15.29pm 15/07/2024 (20 minute delay) ? |
| ELD (ASX) Chart |