AFG 2.89% $1.43 australian finance group ltd

agm today, page-20

  1. 1,539 Posts.
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    If Allco has to fire-sale assets, my estimate is that neither their equity nor the AFGHA notes will be worth anything at all. And in this climate, the bankers may be brutal - they may need 80c in the dollar now, rather than a chance of getting their money back in full in a year or so.
 
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