"I share your concerns about Allco but personally think you are too much on the downside. I think the fact that banks agreed to the re-finance means that AFG is in OK (but not excellent) health. "
It's all about perspective. Banks have a senior claim so from their persepective things are in fact in an OK position because equity is wiped out and the sub note holders are impaired but not wiped out.
From the sub note persepective things are bad. From the equity perspective they're awful.
Did Allco sell the Techapi wind farm for more than it's book value? I don't recall (not a trick question :) ).
- Forums
- ASX - By Stock
- AFG
- research note on afgha
research note on afgha, page-27
-
- There are more pages in this discussion • 9 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add AFG (ASX) to my watchlist
(20min delay)
|
|||||
Last
$1.43 |
Change
0.040(2.89%) |
Mkt cap ! $385.8M |
Open | High | Low | Value | Volume |
$1.38 | $1.43 | $1.38 | $1.476M | 1.056M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 9093 | $1.42 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.43 | 1180 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 4295 | 1.415 |
1 | 762 | 1.410 |
1 | 762 | 1.405 |
3 | 3179 | 1.400 |
2 | 2762 | 1.395 |
Price($) | Vol. | No. |
---|---|---|
1.430 | 900 | 1 |
1.435 | 1308 | 1 |
1.440 | 4192 | 3 |
1.445 | 762 | 1 |
1.450 | 1317 | 2 |
Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
Featured News
AFG (ASX) Chart |