AFG 5.02% $1.47 australian finance group ltd

My own calculation matches up with smartinvestor22's. My...

  1. FL
    220 Posts.
    My own calculation matches up with smartinvestor22's. My breakeven for aviation and shipping is $440m. I don't think they can get that so notes will be a writeoff unless somehow some of the debt rank equally with the notes.
 
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