Looking at the half year Allco's core assets produced the following net revenues
Aviation $86 million
Shipping $48 million
Rail $11 million
Given these core asset revenues are for only the half year once the restructuring is complete and debt is paid down AFG will be a tidy profitable business.At the current price it is a steal.The banks have given security until June 09.Buy them and put in the bottom draw.
core asset revenues
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Last
$1.55 |
Change
-0.045(2.83%) |
Mkt cap ! $425.1M | |||
| Open | High | Low | Value | Volume |
| $1.60 | $1.60 | $1.54 | $150.5K | 96.73K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 400 | $1.55 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.55 | 1456 | 3 |
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| Last trade - 12.29pm 05/11/2024 (20 minute delay) ? |
| AFG (ASX) Chart |