AFG 2.89% $1.43 australian finance group ltd

Needle I believe the holders of AHUG need to support the plan or...

  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.
 
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