Can't say I'm a big fan of airline stocks so for that reason I'd prefer the deal to be off.
Looking at the potential positives for AFG:
AFG is only taking 11%, AEQ is taking 34% I think
AFG earns management fees from AEQ as a % of total assets. AEQ is going to do a capital raising so this means more management fees for AFG
Potential for AFG to do more leasing deals for QAN
Potential for AFG to re-lease old QAN planes
AFG has several board members who have a large amount of experience in running an airline ie Rod Eddington and David Turnbull
takeover, page-2
Add AFG (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$1.66 |
Change
0.040(2.47%) |
Mkt cap ! $449.4M | |||
| Open | High | Low | Value | Volume |
| $1.63 | $1.67 | $1.63 | $305.8K | 185.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 2161 | $1.65 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.66 | 17143 | 3 |
View Market Depth
| Last trade - 16.10pm 09/10/2024 (20 minute delay) ? |
| AFG (ASX) Chart |