My view is slightly more optimistic. Given a number of major financial institutions have exposure to Allco, I doubt they will ask for Allco to liquidate because they won't get their full debt back. A moratorium or extension is possible.
I would believe Allco will relist but for some time investors will bite their lip in pain due to the losses sustained.
Let's hope the creditors are not loan sharks and will let Allco come back to life so they can get their loan back in the longer run...
Cheers,
Brian
st georges bank afgha, page-2
-
- There are more pages in this discussion • 8 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
$1.38 |
Change
-0.010(0.72%) |
Mkt cap ! $373.6M | |||
| Open | High | Low | Value | Volume |
| $1.40 | $1.41 | $1.38 | $398.2K | 285.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 12254 | $1.38 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.39 | 15493 | 1 |
View Market Depth
| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| AFG (ASX) Chart |