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
$2.10 |
Change
-0.030(1.41%) |
Mkt cap ! $568.6M | |||
| Open | High | Low | Value | Volume |
| $2.11 | $2.15 | $2.10 | $509.1K | 240.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 13980 | $2.09 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.18 | 2000 | 1 |
View Market Depth
| Last trade - 16.10pm 16/07/2025 (20 minute delay) ? |
| AFG (ASX) Chart |