I know ppl will say there are two likely outcomes, administration or an extension. However, IMO, administration is unlikely and an extension more than likely and possibly even a quite long extension - at least 6 months and potentially up to 12 months - provided the loans can continue to be serviced.
Given that interest rates are falling and the banks are supporting the AFG decision not to sell assets at "predator" prices, it would probably indicate that the extension is most likely.
GL to SH...
I know ppl will say there are two likely outcomes,...
-
- There are more pages in this discussion • 17 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
$1.60 |
Change
-0.005(0.31%) |
Mkt cap ! $431.8M | |||
| Open | High | Low | Value | Volume |
| $1.60 | $1.60 | $1.56 | $396.0K | 250.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 2513 | $1.58 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.60 | 2407 | 2 |
View Market Depth
| Last trade - 16.10pm 30/09/2024 (20 minute delay) ? |
| AFG (ASX) Chart |