dlo, how do you get 54% chance of default?
I would have thought that $17 for $100 face note is so cheap that such calculations are almost meaningless?
At 10.04% pa on the face, the dividend payout after 2 years is already 118% of the initial investment.
So as long as AFG pays for even just another two years, I have recovered 100% of capital, + earned bank interest. Anything at all after 2 years (including repayment of capital) is pure profit. (But I suppose everyone knows this)
NB I hold AFGHA, not AFG
dlo, how do you get 54% chance of default?I would have thought...
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Last
$1.38 |
Change
0.030(2.23%) |
Mkt cap ! $372.3M | |||
| Open | High | Low | Value | Volume |
| $1.36 | $1.38 | $1.35 | $357.6K | 261.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 3094 | $1.37 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.38 | 3284 | 1 |
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| Last trade - 16.10pm 09/07/2024 (20 minute delay) ? |
| AFG (ASX) Chart |