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
$1.44 |
Change
-0.010(0.69%) |
Mkt cap ! $389.9M | |||
| Open | High | Low | Value | Volume |
| $1.44 | $1.46 | $1.43 | $188.6K | 130.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 3623 | $1.43 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.45 | 5000 | 1 |
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| Last trade - 16.10pm 19/07/2024 (20 minute delay) ? |
| AFG (ASX) Chart |