Further to yours and mine the half yearly financials stated $975 m in undrawn borrowings
$342m in cash $60 M in fixed deposits and $2.2 billion of total liquidity with net cash flow.
Those figures were released to the market on 27/2/2015. When Elders defaulted their market cap was less than 30% of their hybrids value. It is not unusual for a company in this position to buy back their own debt particularly at 60c inthe$ if they have free cash flow.
Would have made more sense than buying back shares as they did. I see this as a massive over reaction but have been wrong before. Bought more today.
Further to yours and mine the half yearly financials stated $975...
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Last
$39.06 |
Change
1.440(3.83%) |
Mkt cap ! $14.82B | |||
| Open | High | Low | Value | Volume |
| $37.62 | $39.10 | $37.57 | $35.05M | 904.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 593 | $38.93 |
Sellers (Offers)
| Price($) | Vol. | No. |
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| $39.06 | 11724 | 1 |
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| Last trade - 16.10pm 03/05/2024 (20 minute delay) ? |
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Last
$39.07 |
Change
1.440 ( 3.61 %) |
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| Open | High | Low | Volume | ||
| $37.66 | $39.10 | $37.59 | 118104 | ||
| Last updated 15.59pm 03/05/2024 ? | |||||
| SVW (ASX) Chart |