AFG 2.89% $1.43 australian finance group ltd

any news, page-41

  1. 1,666 Posts.
    lightbulb Created with Sketch. 648
    Much of the same...

    http://www.businessday.com.au/business/asic-to-support-probe-into-alleged-allco-breaches-20100822-13asf.html

    I wonder if this cold be some good news at the end of the tunnel?


    ------
    At the same time, McGrathNicol has undertaken ''substantial investigations'' over the security that Allco's banking syndicate took out over some of the group's assets - including its $25 million stake in the listed company Oceania Equity Partners.

    McGrathNicol claims that these so-called ''excluded assets'' rightly belong to creditors given how close the timing was to Allco's collapse when the banks took out their charge.
    -------

 
watchlist Created with Sketch. Add AFG (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.