Adjusting the balance sheet and removing the AHUG loan but leaving the Alco mez finance, they have about -90M in equity. Take the mid point valuation of the residuals then you can add 120M in assets. Add $30M per year in cash flow for a couple of years.
That brings equity up to $90.5M which leaves AHUG holders with over 60c on the dollar. You could add more for lease renewals (or comissions if renewals are funded elsewhere). Allco gets paid out 100% on their loan.
ahug trading halt this morning, page-22
-
- There are more pages in this discussion • 12 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
$1.68 |
Change
0.035(2.13%) |
Mkt cap ! $454.8M | |||
| Open | High | Low | Value | Volume |
| $1.65 | $1.71 | $1.65 | $1.422M | 845.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 3350 | $1.67 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.68 | 2214 | 2 |
View Market Depth
| Last trade - 16.10pm 13/09/2024 (20 minute delay) ? |
| AFG (ASX) Chart |