One thing noone has considered:
What if the banks converted the remaining debt into hybrids via a debuntures, similar to what we've been hearing about Centro. With allco they only need to convert ~$300m of debt for it to become a business with proper gearing, as such it's entirely possible that the banks have converted the debt into complex secirities maturing in let's say 2-5 years. This is entirely possible, infact probabble!
One thing noone has considered:What if the banks converted the...
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Last
$1.36 |
Change
-0.020(1.45%) |
Mkt cap ! $366.8M | |||
| Open | High | Low | Value | Volume |
| $1.38 | $1.38 | $1.34 | $339.7K | 250.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 8201 | $1.35 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.36 | 1912 | 2 |
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| Last trade - 16.10pm 10/07/2024 (20 minute delay) ? |
| AFG (ASX) Chart |