AXQ allco max securities and mortgage trust

SMALL VOLUME TODAYThis can only be good news, no forced sellers...

  1. 260 Posts.
    SMALL VOLUME TODAY

    This can only be good news, no forced sellers ?

    If they are not forced to unwind any positions prematurely they will recoup their mark to marked losses in a dream scenario. And as they wont write any more business it will have to be returned to SH , in the meantime wait for divs.

    I dont feel too negative about Centro position as they do have security over the asset even if they fold. The Mobius position I just dont know enough about, what is the strenght of that security?
 
watchlist Created with Sketch. Add AXQ (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.