Shares in Allied Farmers slipped to a record low on Monday as the company continued to renegotiate its lending arrangements with Westpac bank.
The finance and rural services firms' stock fell almost a third of a cent to 4 cents.
The stock has lost more than three-quarters of its value since the company took over Hanover and United Finance's assets in December.
Allied Farmers' banking agreement expires on 1 July.
