Vooni, I just did a bit of looking around the net and found the following from The Australian 26/2/08 by John Durie:
"In a sign of things to come, Allco was forced to take a 25 per cent discount on its 37.6 per cent equity stake in US power assets it was to buy with Industry Funds Management.
Instead of Allco paying $287 million to take up its equity stake, IFM will pay about $220 million for the same position, with Allco wearing a $72 million loss."
Sorry to mislead you about the $200m, as it appears to be 'only' $72m.
Vooni, I just did a bit of looking around the net and found the...
-
- There are more pages in this discussion • 3 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add AFG (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$1.35 |
Change
-0.015(1.10%) |
Mkt cap ! $365.5M | |||
| Open | High | Low | Value | Volume |
| $1.37 | $1.37 | $1.35 | $387.8K | 285.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 7214 | $1.35 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.36 | 7896 | 3 |
View Market Depth
| Last trade - 16.10pm 02/07/2024 (20 minute delay) ? |
| AFG (ASX) Chart |