AFG 1.49% $1.37 australian finance group ltd

" allco is sold for just 0.65x asset value we will get $30...

  1. 216 Posts.
    " allco is sold for just 0.65x asset value we will get $30 back."

    On that basis the banks would get all of their money back and yet they're reserving for losses. If the banks aren't made whole then we don't get anything (excepting any legal maneuvering as discussed here).
 
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