that's exactly the problem bwa.
afg has no tangible assets remaining now apart from world square. and they still have over $1bn in debt. how will they service this debt when the aviation and shipping businesses are not writing any new business and have no recurring revenue???
and yet we're supposed to believe they have NTA of 6c per shrae. imo this is one of the biggest accounting cons in history. perhaps worse than the enron debacle.
but don't worry guys i will be at the agm and will be sure to give the directors a massive grilling.
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that's exactly the problem bwa. afg has no tangible assets...
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