BrzTrader,
Agribusiness may have a future, but it is a long bow to assume ELD model is the future in Agribusiness. Suggest you look at their last half year accounts in particular their cash flow statement & given today's announcement it would appear things have not improved. Looking to lose 10% of your workforce & not use redundancy payments just tells you the deadwood will continue to be employed. Yes I love bargains caused by tax selling at the end of the financial year but this is one company I will pass on, until I see the cashburn stop.
Regards
Buffett
panic = opportunity, page-3
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Last
$8.55 |
Change
0.100(1.18%) |
Mkt cap ! $1.351B | |||
| Open | High | Low | Value | Volume |
| $8.47 | $8.63 | $8.42 | $2.909M | 340.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2690 | $8.54 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $8.55 | 1998 | 1 |
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| Last trade - 16.10pm 01/10/2024 (20 minute delay) ? |
| ELD (ASX) Chart |