It is a case of the banks being in control. If they call in the 900m AFG goes under and AFG knows that - so the banks are calling the shots. That's why the margin went up and that's why there is no long term extension.
I would imagine that the banks will negotiate themselves into the best position possible without sending AFG under.
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Last
$2.14 |
Change
0.025(1.18%) |
Mkt cap ! $580.7M | |||
| Open | High | Low | Value | Volume |
| $2.14 | $2.15 | $2.12 | $298.6K | 139.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 14 | 9581 | $2.13 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.14 | 2486 | 7 |
View Market Depth
| Last trade - 15.35pm 15/07/2025 (20 minute delay) ? |
| AFG (ASX) Chart |