AXQ allco max securities and mortgage trust

Heres my planface value of loans 912mSell at 7.5% discount...

  1. dmosmann
    260 Posts.
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    18/03/08
    14:48
    Post #: 3483929
    Heres my plan

    face value of loans 912m
    Sell at 7.5% discount 843m
    Pay off liabs 763m
    Excess cash 68.4m
    shares on issue 172m
    Cash to each holder 0.40cents

    some of the loans are due in >2 year, and if they are GOOD CREDIT RISKS. Why woulnt they pay off or rearrange and get the discount

    I KNOW i'm dreamin but it sounds like a plan
    AXQ Price at posting: 0.0¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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