The problem now is that AFG will struggle to meet interest payment over the next to months.
To make these payment they have to sell asset in a distress market with very limited buyers and funding basically non existent.
I think AFG has been given fair treatment by its bankers thus far but it might be pushing it luck now that the credit market have worsen.
I think there is just to much risk of it going in to administration but it might be worth punting money definitely not to put house on it.
Just my opinion do your own research.
will the banks say yes, page-3
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Last
$1.43 |
Change
0.040(2.89%) |
Mkt cap ! $385.8M | |||
| Open | High | Low | Value | Volume |
| $1.38 | $1.43 | $1.38 | $1.476M | 1.056M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 9093 | $1.42 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.43 | 1180 | 1 |
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| Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
| AFG (ASX) Chart |