The long-term price chart shows just how "cheap" Elders is at the moment:
Either it will go belly-up (or be taken over at a bargain basement price), or it manage to cut costs and return to profitability. If it manages to make annual profits of $50m again any time soon, then the share price could easily triple. A purely speculative triple-or-nothing sort of investment play. At least it gives me something to watch on the stockmarket - my large parcel of IPE shares is going nowhere fast - stuck around 25c a share when the "book value" of the shares is apparently around 50c. Until market confidence returns, I don't expect the IPE price will rise.
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