Reasonably honest article on ELD. I am sure the CEO would realize the best protection from takeover is performance as a company. If management continue to lose shareholder wealth they need to be replace & takeovers are really only an option to changing existing management. It amazes me that managements who have failed in terms of the sharemarket are continually prepared to spend shareholders money defending their non performance. Do they really have the right to pay consultantss, lawyers & investment bankers to defend their position? Far better to ignore the chatter & get on with the real job of creating shareholder wealth.
Takeovers of this type only occur because others can see these type companies can be run better & are prepared to spent their money backing their view.
Regards
Buffett
takeover target the australian, page-4
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Last
$8.56 |
Change
-0.040(0.47%) |
Mkt cap ! $1.352B | |||
| Open | High | Low | Value | Volume |
| $8.66 | $8.67 | $8.54 | $2.326M | 271.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1112 | $8.54 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $8.56 | 1111 | 1 |
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| Last trade - 16.10pm 18/10/2024 (20 minute delay) ? |
| ELD (ASX) Chart |