AFG australian finance group ltd

one week to go, page-13

  1. 64 Posts.
    dlo, how do you get 54% chance of default?

    I would have thought that $17 for $100 face note is so cheap that such calculations are almost meaningless?

    At 10.04% pa on the face, the dividend payout after 2 years is already 118% of the initial investment.
    So as long as AFG pays for even just another two years, I have recovered 100% of capital, + earned bank interest. Anything at all after 2 years (including repayment of capital) is pure profit. (But I suppose everyone knows this)

    NB I hold AFGHA, not AFG
 
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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
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Last trade - 16.10pm 16/07/2025 (20 minute delay) ?
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