AFG 0.00% $1.62 australian finance group ltd

deadlines, page-19

  1. 806 Posts.
    It sounds like the problem might be the deal to buy the power stations. It sounds like they are committed to the purchase but did not guarantee the funding coming from elsewhere (the investor pulled out). So it might not be that asset origination is bad per se but that this particular deal has gone very wrong.

 
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