>Market cap is only $1.6B. Any company, multinational or other foreign entity can buy without a sweat.
I believe it gets harder to sell an agricultural company to a foreign entity once they go over a MC of $250M. When RHL:asx was bought it's share price went up by 50%. So to buy Elders would cost about $2.4 billion. That's a lot of money and a lot of scrutiny. I just don't see the business case. Perhaps you could educate me?
So, is this good news, page-15
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Last
$9.35 |
Change
-0.170(1.79%) |
Mkt cap ! $1.477B | |||
| Open | High | Low | Value | Volume |
| $9.54 | $9.54 | $9.35 | $2.358M | 250.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 2586 | $9.35 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $9.43 | 1218 | 1 |
View Market Depth
| Last trade - 16.10pm 01/08/2024 (20 minute delay) ? |
| ELD (ASX) Chart |