>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
$8.16 |
Change
-0.160(1.92%) |
Mkt cap ! $1.284B | |||
| Open | High | Low | Value | Volume |
| $8.32 | $8.37 | $8.16 | $3.570M | 435.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 1944 | $8.16 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $8.17 | 459 | 1 |
View Market Depth
| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| ELD (ASX) Chart |