AFR 0.00% 1.3¢ african energy resources limited

to fall again today

  1. 1,672 Posts.
    Offshore lenders likely to pull the plug (from todays AFR):

    Offshore lenders with smaller exposures, such as ABN Amro, JPMorgan, Credit Suisse, and Singapores DBS Group, may look to recover their loans quickly by seeking further sales of Allcos core assets or pushing for a formal break-up of the business.

    Despite the moves, analysts at Merrill Lynch and Allcos auditors, KPMG, say it is too early to properly evaluate the quantum of the impairment currently afflicting Allco, whose shares fell 15.3 percent yesterday to close at 94c.

    Shares look set to fall again today?
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Mkt cap ! $8.098M
Open High Low Value Volume
1.3¢ 1.3¢ 1.3¢ $1.1K 84.61K

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No. Vol. Price($)
1 936265 1.3¢

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Price($) Vol. No.
1.4¢ 628400 2
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Last trade - 13.06pm 11/12/2019 (20 minute delay) ?
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