the biggest problem I think is if they dont address the issue at hand,
That is they owe $200m in a few months time and its unlikely anyone is going to give it to them
They need to immediately liquidate some of their assets to pay the debt off and return NTA to shareholders.
If they dont SG could put them into liquidation for the money and we are screwed. Unfortunately this mob is run by our AFG friends, and if they just say business as usual and everythings fine then I'm a seller - if anyone out there actually believes them that is and wants to buy my shares.
- Forums
- ASX - By Stock
- AXQ
- buy
AXQ
allco max securities and mortgage trust
buy, page-7
-
- There are more pages in this discussion • 24 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)