It is a case of the banks being in control. If they call in the 900m AFG goes under and AFG knows that - so the banks are calling the shots. That's why the margin went up and that's why there is no long term extension.
I would imagine that the banks will negotiate themselves into the best position possible without sending AFG under.
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AFG
australian finance group ltd
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1.42%
!
$2.14

It is a case of the banks being in control. If they call in the...
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Last
$2.14 |
Change
0.030(1.42%) |
Mkt cap ! $579.4M |
Open | High | Low | Value | Volume |
$2.14 | $2.15 | $2.14 | $120.5K | 56.17K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
6 | 1959 | $2.14 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$2.15 | 14176 | 8 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
19 | 4003 | 2.140 |
9 | 4863 | 2.130 |
10 | 9345 | 2.120 |
10 | 19288 | 2.110 |
6 | 38658 | 2.100 |
Price($) | Vol. | No. |
---|---|---|
2.150 | 12823 | 9 |
2.160 | 9039 | 9 |
2.170 | 5186 | 7 |
2.180 | 11451 | 5 |
2.190 | 1495 | 1 |
Last trade - 13.24pm 15/07/2025 (20 minute delay) ? |
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AFG (ASX) Chart |
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CC9
CHARIOT CORPORATION LTD
Shanthar Pathmanathan, MD
Shanthar Pathmanathan
MD
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