Sell the power plant or property assets?
Now think about this. If you were a buyer of these assets would you offer Allco (as the distressed seller) the book value or a massive discount?
They will be lucky to get 60% of the price of the power station they bought last month.
another afr article field day, page-12
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Last
$1.41 |
Change
-0.035(2.43%) |
Mkt cap ! $383.8M | |||
| Open | High | Low | Value | Volume |
| $1.43 | $1.43 | $1.40 | $164.7K | 116.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 10 | 24268 | $1.40 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.41 | 1282 | 5 |
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| Last trade - 12.41pm 22/07/2024 (20 minute delay) ? |
| AFG (ASX) Chart |