Allco's holding in AEP is a good example of why mark to market doesn't work.
AEP's share price is so low mainly due to it's association with Allco. The NTA of AEP was $5.50 at September 30 and is probably still over $4.50. A significant chunk of this NTA is CASH. Even in a firesale they would want to get more than the $1.80 it's trading at. $2.50 to $3.00 at a minimum IMO.
Allco's holding in AEP is a good example of why mark to market...
-
- There are more pages in this discussion • 17 more messages 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
$1.64 |
Change
0.005(0.31%) |
Mkt cap ! $442.7M | |||
| Open | High | Low | Value | Volume |
| $1.63 | $1.65 | $1.63 | $310.8K | 190.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 869 | $1.64 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.64 | 24185 | 1 |
View Market Depth
| Last trade - 16.10pm 13/11/2024 (20 minute delay) ? |
| AFG (ASX) Chart |