i am getting very nervous, page-15

All investments related to Allco are very high risk, difficult to understand and hard to get information on. If you want to know more about the Alleasing Trust (AHUG) then go to the ASX website and have a look at their half year results which came out on 11th March. To do this you need to look up the announcement under AHU which is the Allco Hybrid Investment Trust. Commsec doesn't seem to give access to announcements for AHU.

The price of AHUG jumped significantly after the half yearly came out but this stock is now so illiquid that it can move 50% with $10,000 traded. Mind you it had lost 99% of it's value when it hit $1 a few weeks back.

Last year Allco provided an undertaking to support the Alleasing Trust until after the maturity of the hybrids (30 September 2009). So if (that's a big if) Allco survive then these hybrids would give a substantial return given they are around $6 now and you would get $105 plus 3 interest payments of $5.15. I think holders will either make a bundle or lose the lot. If you enjoy drawn out gambling it might be worth a punt. Otherwise the casino is quicker.

Also I believe Allco considers the Alleasing Trust to be non core business so they may sell the leasing businesses that the trust owns. Not sure what you could expect if this happens.