Elders live export exit makes shareholders happy

By Andrew Marshall
Updated September 14 2016 - 10:12am, first published 5:30am
Elders' decision to quit its direct involvement with live export shipping has disappointed some in the sector, but reduced significant current risks from its share price.
Elders' decision to quit its direct involvement with live export shipping has disappointed some in the sector, but reduced significant current risks from its share price.

While some observers are uneasy Elders may risk eroding the diversity of its agribusiness portfolio by taking a short-term opportunity to exit live export shipping, the share market is happy.

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