htran7528
"why is bank making provision, its because they know tey will have to divide with noteholders. hence, might not recoup all their loss."
SIGH. When will people realise that notes are SUBORDINATED debt. The banks will not have to divide it with noteholders. Even if the banks end up being ruled as unsecured creditors they still rank above the SUBORDINATED debt.
Good luck getting anything on those notes, there was a reason why they were trading aroung $5.
why call administrator now, page-47
-
- There are more pages in this discussion • 11 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add AFG (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$1.51 |
Change
0.015(1.00%) |
Mkt cap ! $408.8M | |||
| Open | High | Low | Value | Volume |
| $1.48 | $1.51 | $1.44 | $775.6K | 521.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 136411 | $1.50 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.51 | 12418 | 2 |
View Market Depth
| Last trade - 16.10pm 02/08/2024 (20 minute delay) ? |
| AFG (ASX) Chart |