Sell the power plant or property assets?
Now think about this. If you were a buyer of these assets would you offer Allco (as the distressed seller) the book value or a massive discount?
They will be lucky to get 60% of the price of the power station they bought last month.
another afr article field day, page-12
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Last
$1.43 |
Change
0.010(0.71%) |
Mkt cap ! $385.8M | |||
| Open | High | Low | Value | Volume |
| $1.41 | $1.43 | $1.41 | $769.7K | 542.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1027 | $1.43 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.43 | 6394 | 3 |
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| Last trade - 16.10pm 20/06/2024 (20 minute delay) ? |
| AFG (ASX) Chart |