AFG 0.72% $1.38 australian finance group ltd

so where is champ getting $146m to buy a bow wow businessthe...

  1. 274 Posts.

    so where is champ getting $146m to buy a bow wow business


    the fact is the global financial system has been stabilised, credit markets are steadily improving and are back to pre lehman levels.

    it's diffiult to sell assets for $5bn but $500m for allco's shipping and aviation assets is very possible depending on how competitive the auction process is. allco's senior debt is a manageable $670m.

    i don't want to get peoples hopes up, but when you look at the facts objectively there is alot of value for afgha holders.

 
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