ok, here is my guess.
There's 1200 mil total current asset
assets sold for 65% of value = 1200 X 0.65 = 780
780 - 666 (senior debt) = 114 mil
assuming administration fee of 50 mil.
There's around 64 mil divided between 3.5 mil of notes
That's around 18 cents in the dollar.
of course, iam assuming that debts tied to the assets have already been taken into consideration when calculating net assets.
selling my notes for $5 each. Call me if you want to buy.
guessing comp: how much will note holders get?, page-7
-
- There are more pages in this discussion • 1 more message 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
$1.63 |
Change
-0.035(2.11%) |
Mkt cap ! $439.9M | |||
| Open | High | Low | Value | Volume |
| $1.65 | $1.65 | $1.60 | $191.5K | 117.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2 | $1.63 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.63 | 30106 | 2 |
View Market Depth
| Last trade - 16.10pm 10/10/2024 (20 minute delay) ? |
| AFG (ASX) Chart |