ELD 1.18% $8.55 elders limited

W5, from this article written on 1 May, 2913, in AFR Street...

  1. asf
    9,887 Posts.
    W5, from this article written on 1 May, 2913, in AFR Street Talk:

    http://tools.afr.com/viewer.aspx?ATL://62725d02-b136-11e2-a55f-96d7666980c6§ion=tools

    "Elders behind on sale of car parts group Futuris"

    "Futuris has a $220 easy million book value, but Elders agribusiness chief Malcolm Jackman has acknowledged that the business is unlikely to get that much. Analysts have pointed to between $100 million and $120 million, but the real question is what bidders think."
    __________

    Book value and realised value might be vastly different in a pressure sale.
 
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