AFG is also trying to sell the alleasing business which could bring some certainty to investors in AHUG. The hybrids may then be backed by a more financially sound company and trade closer to face value or possibly be redeemed.
Looks like the sale may happen sooner that later going by the following announcement today.
http://www.asx.com.au/asxpdf/20080701/pdf/319xtk01tv2t36.pdf
why is ahug a higher price than afgha, page-9
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Last
$1.38 |
Change
0.030(2.23%) |
Mkt cap ! $372.3M | |||
| Open | High | Low | Value | Volume |
| $1.36 | $1.38 | $1.35 | $357.6K | 261.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 3094 | $1.37 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.38 | 3284 | 1 |
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| Last trade - 16.10pm 09/07/2024 (20 minute delay) ? |
| AFG (ASX) Chart |