ELD 2.35% $9.13 elders limited

With an MC near $1B, is ELD ready for ASX200?

  1. 562 Posts.
    lightbulb Created with Sketch. 139
    So, we have had the HY results and ELD seems to be coming along nicely. The div has gone up from the predicted 7.5c HY payout to 9c which was nice, meaning the div payout has been 24c in the last 12 months. The SP, which usually takes a few days to react after results day (I assume because it takes that long for the bean counters to read it) has gone up by 4-5% already.

    But is this enough to get ELD into the ASX200? Where upon all the ASX200 trackers will need to buy it? The next reshuffle is in less than a month according to my calendar.
    Last edited by badger192: 14/05/18
 
watchlist Created with Sketch. Add ELD (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.