I know ppl will say there are two likely outcomes, administration or an extension. However, IMO, administration is unlikely and an extension more than likely and possibly even a quite long extension - at least 6 months and potentially up to 12 months - provided the loans can continue to be serviced.
Given that interest rates are falling and the banks are supporting the AFG decision not to sell assets at "predator" prices, it would probably indicate that the extension is most likely.
GL to SH...
AFG Price at posting:
14.0¢ Sentiment: Hold Disclosure: Not Held
