Current Assets was valued at 1200 mil in June 08, assuming that the value dropped 20%, 1200 x 0.8 = 960 mil
Administrator cost of 100 mil, 960 - 100 = 860
Current Debt is 700 mil, 860 – 700 = 160 mil
There is currently 3.5 mil notes outstanding, hence each note should get around $45 each.. and they were sold for $5 each on Friday. Regardless, there is no residual left for shareholders. However noteholders are safe if indeed allco has been liquidated.
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Last
$2.13 |
Change
0.005(0.24%) |
Mkt cap ! $572.6M | |||
| Open | High | Low | Value | Volume |
| $2.09 | $2.14 | $2.09 | $551.6K | 260.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 24 | 17896 | $2.12 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.13 | 4592 | 9 |
View Market Depth
| Last trade - 14.01pm 14/07/2025 (20 minute delay) ? |
| AFG (ASX) Chart |