dmosmann: "To lose your money they have to be wound up with not only no equity but the $300m in notes at zero?"
I think the answer to your question is yes. Note holders definitely receive funds in preference to shareholders and I also think that AFG cannot pay dividends before paying interest on the notes.
All in all, it's a much safer play with AFG than the shares directly.
dmosmann: "To lose your money they have to be wound up with not...
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Last
$1.37 |
Change
-0.010(0.72%) |
Mkt cap ! $370.9M | |||
| Open | High | Low | Value | Volume |
| $1.38 | $1.39 | $1.36 | $200.3K | 145.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 6364 | $1.37 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.38 | 4012 | 6 |
View Market Depth
| Last trade - 12.42pm 25/07/2024 (20 minute delay) ? |
| AFG (ASX) Chart |