A couple of things:
1) I would imagine the administrators would have taken legal advice regarding the charge. I doubt they will do anything informally - they'll want to cover themselves.
2) The receivers can sell the assets for whatever and whenever they want. All they need to do is make sure that the assets are sold for market value (however bad the market). However, I don't believe that they have any obligation to disclose the sales prices to anybody. Basically they appear to have an obligation that cannot be monitored.
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AFG
australian finance group ltd
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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. |
---|---|---|
$2.18 | 2000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 13980 | 2.090 |
2 | 11480 | 2.080 |
1 | 10000 | 2.070 |
1 | 2179 | 2.060 |
3 | 20248 | 2.050 |
Price($) | Vol. | No. |
---|---|---|
2.180 | 2000 | 1 |
2.200 | 6026 | 4 |
2.220 | 20272 | 3 |
2.250 | 33907 | 2 |
2.260 | 1460 | 3 |
Last trade - 16.10pm 16/07/2025 (20 minute delay) ? |
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