AFG 2.89% $1.43 australian finance group ltd

ahug holders how partial are we talking, page-4

  1. 806 Posts.
    ref: ahug holders how partial are we talking?

    The write down in the Alleasing Hybrid Investment trusts suggests the directors think it will be about 50c in the dollar. The carrying value of the Preference Units has been written down from 140m to 75m. I note that negotiations continue but would imgaine that this is about as good as it is likely to get. Still from where AHUG is at the moment it's not a bad return.


 
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