"If AFG goes into administration at the end of this month the Alleasing sale would probably fail - making AHUG worthless. "
I don't see that. If AFG goes into administration then the only thing that would stop the sale would be the specific sale conditions (i.e. finance, AHUG holder agreement etc). Allco has extended their mezzanine finance so an administrator couldn't just call that in.
Even in the event of an alleasing administration, AFG creditors would be better off running off the business rather than selling it at the price that CHAMP is paying. Running off the business would leave cash for AHUG, albeit in a number of years time.
sale of alleasing and price of afgha vs ahug, page-3
-
- There are more pages in this discussion • 7 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add AFG (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$1.38 |
Change
0.000(0.00%) |
Mkt cap ! $370.9M | |||
| Open | High | Low | Value | Volume |
| $1.38 | $1.38 | $1.36 | $30.53K | 22.28K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 1760 | $1.38 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.38 | 4619 | 10 |
View Market Depth
| Last trade - 11.22am 25/07/2024 (20 minute delay) ? |
| AFG (ASX) Chart |