This is strarting to look very bad. I hope its just the Allco link. They do have a large amount owing in May, if Allco cant refinance what chance this tiny mob?
I wish they could just sell all their assets and return the NTA to shareholders.
It should be a no brainer with NTA backing. The thing that scares me is wheher some of their assets arent listed on a market. What I mean , is does this mean they are shown fully in their NTA at cost (you only mark to market if there is actually a markt - if there is none then you show at cost - minus impairment test). If SG ask for their money back and their is no market for the assets then their NTA figure is worthless. Anybody think otherwise?
- Forums
- ASX - By Stock
- AXQ
- allco suspension
AXQ
allco max securities and mortgage trust
allco suspension, page-8
-
- There are more pages in this discussion • 1 more message in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)