thanks jiblet, wonder exactly what terms are of loan in relation to AFG. I was always under the impression they were seperate, except for ownership 10% (now gone) and management rights (I am sure they will sell to BNB )
Doestnt look like instos are keeping this down (probably only smaller players who bought in quickly this morning, so wouldnt be surprised to see 20c and then mid 20's next week with interest rate announcement bound to be positive for RAT - will make their mezzaine finance very attractive for a purchaser
Treasuries at <3% or mezz at 10% ++ , they might be able to offload a lot easier than people think. Starts to make risk reward calculation a lot more attractive for those with cash
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