Elders Hybrids to mature at end of March

27 February 2017

 

Elders Hybrids holders who have held the securities since they were first issued in early 2006 will be glad the experience is finally coming to an end. For all but a brief period they have been trading under par, sometimes by as much as 90%.  Distributions are at the discretion of Elders directors and there have not been any since 2009. Elders has now announced the securities will be “resold”...

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