It is all about rebuilding and that means keep what they can make money on and sell the rest. Reduce debt and get the cash flowing and make a profit, then either look to put the profit to work or pay a dividend. The share price will not be sub $1 for long IMHO.
sale of rural bank holding, page-4
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Last
$8.97 |
Change
0.080(0.90%) |
Mkt cap ! $1.415B | |||
| Open | High | Low | Value | Volume |
| $8.91 | $9.00 | $8.88 | $4.779M | 533.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 3529 | $8.95 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $8.98 | 6459 | 4 |
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| ELD (ASX) Chart |