ELD 0.33% $9.20 elders limited

ZwuI would have agreed with you until a week or two ago when ELD...

  1. 2,123 Posts.
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    Zwu
    I would have agreed with you until a week or two ago when ELD seemed to have shored up its balance sheet with sale of insurance business and injection of equity. Whilst I am still bearish equity due to likely impending capital raising, I think the rally of ELDPA from 33 to 59 suggests ELD will remain solvent. Hence, yield on ELDPA ar say 15% per annum stepping up to 17% is much better value than other hybrids or notes on risk/reward scenario (I think)






 
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$9.20
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0.030(0.33%)
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$9.28 $9.28 $9.03 $3.598M 392.6K

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No. Vol. Price($)
4 13049 $9.18
 

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Price($) Vol. No.
$9.20 1062 2
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Last trade - 16.10pm 30/08/2024 (20 minute delay) ?
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