AXQ allco max securities and mortgage trust

This is strarting to look very bad. I hope its just the Allco...

  1. 260 Posts.
    This is strarting to look very bad. I hope its just the Allco link. They do have a large amount owing in May, if Allco cant refinance what chance this tiny mob?

    I wish they could just sell all their assets and return the NTA to shareholders.

    It should be a no brainer with NTA backing. The thing that scares me is wheher some of their assets arent listed on a market. What I mean , is does this mean they are shown fully in their NTA at cost (you only mark to market if there is actually a markt - if there is none then you show at cost - minus impairment test). If SG ask for their money back and their is no market for the assets then their NTA figure is worthless. Anybody think otherwise?
 
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Currently unlisted public company.

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