Adjusting the balance sheet and removing the AHUG loan but leaving the Alco mez finance, they have about -90M in equity. Take the mid point valuation of the residuals then you can add 120M in assets. Add $30M per year in cash flow for a couple of years.
That brings equity up to $90.5M which leaves AHUG holders with over 60c on the dollar. You could add more for lease renewals (or comissions if renewals are funded elsewhere). Allco gets paid out 100% on their loan.
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Last
$2.78 |
Change
0.170(6.51%) |
Mkt cap ! $755.4M | |||
| Open | High | Low | Value | Volume |
| $2.61 | $2.78 | $2.59 | $6.442M | 2.346M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 29376 | $2.58 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.80 | 17821 | 2 |
View Market Depth
| Last trade - 16.10pm 19/09/2025 (20 minute delay) ? |
| AFG (ASX) Chart |