AFG 2.89% $1.43 australian finance group ltd

ahug trading halt this morning, page-6

  1. 99 Posts.
    Needle I believe the holders of AHUG need to support the plan or the sale won't go ahead. At $50 they would get the support of AHUG holders.

    The Alleasing trust and AFG are not really as independent as they claim & I would think they already decided on a haircut for AHUG holders when negotiations began to enable AFG to pay down more debt than if AHUG were redeemed at $105.

    My bet is on around $50 to $55 but they could probably go quite a bit lower and still get AHUG holders support in the curent market.

    Let's hope the sale doesn't fall through at the last minute like a few others have been for other companies.
 
watchlist Created with Sketch. Add AFG (ASX) to my watchlist
(20min delay)
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
View Market Depth
Last trade - 16.10pm 12/07/2024 (20 minute delay) ?
AFG (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.