I believe the sale of Alleasing is virtually a must for Allco to meet it's milestones in paying down debt. It's unfortunate that they have taken so long to strike a deal but I'm guessing that Allco would have thought the credit crisis would have improved since announcing Alleasing was up for sale, instead of getting worse. Obviously the higher the sale price the better for AHUG, AFG and AFGHA holders but the longer negotiations take the lower the sale price will most likely be.
ahug trading halt this morning, page-25
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Last
$1.43 |
Change
0.040(2.89%) |
Mkt cap ! $385.8M | |||
| Open | High | Low | Value | Volume |
| $1.38 | $1.43 | $1.38 | $1.476M | 1.056M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 9093 | $1.42 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.43 | 1180 | 1 |
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| Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
| AFG (ASX) Chart |