They must be the safest play with AFG
To lose your money they have to be wound up with not only no equity but the $300m in notes at zero?
At even $15/$20 these make good sense - At maturity you get $100 , in the mean time you are getting 9.4% (plus any further interest increases) on the on the $100,
So yield is 9.4/15 = 63% yield
If you can get any at $10 or $11 its approaching 100% yield
afg and afgha and kinghorn and lewis, page-8
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Last
$1.50 |
Change
-0.010(0.66%) |
Mkt cap ! $406.1M | |||
| Open | High | Low | Value | Volume |
| $1.52 | $1.53 | $1.50 | $213.1K | 140.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 11636 | $1.50 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.52 | 3758 | 2 |
View Market Depth
| Last trade - 16.10pm 29/08/2024 (20 minute delay) ? |
| AFG (ASX) Chart |