Since AFGHA shows up on the balance sheet could AFGHA holders forgive say 50% of the debt (or convert to equity) and thus the company continues as a going concern and AFGHA become worth more/something? Given that the estimated value of AFGHA in administration is 0 then surely there is nothing to lose. The face value is ~250 Million so would have thought it might be enough.
Given most of the AFGHA holders are major players I can't see it happening just asking the question.
afgha - a question
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Last
$1.35 |
Change
0.000(0.00%) |
Mkt cap ! $364.1M | |||
| Open | High | Low | Value | Volume |
| $1.36 | $1.36 | $1.35 | $26.49K | 19.59K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 1779 | $1.35 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.35 | 2115 | 5 |
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| Last trade - 11.31am 09/07/2024 (20 minute delay) ? |
| AFG (ASX) Chart |