it is good company and stock valuation is cheap. personally i think it is time to accumulate this one, but not expecting it to fly in the near term.
institu selling was the triger of the recent price drop i rekon, for most top botom fund managers, it is a rational to reduce the weight of AFG as part of the asset allocation at the current market situation. they may did that for the purpose of reducing the risk and giving up the potential profit. for personal investor, or at least me, a risk taker, it is the good chance to bet and weather the jiters of the market. i am inclined to believe the company's growth potential, which is much enough to support a 20 time multiple.
sad performance, page-3
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Last
$1.39 |
Change
0.030(2.21%) |
Mkt cap ! $372.3M | |||
| Open | High | Low | Value | Volume |
| $1.36 | $1.39 | $1.36 | $265.2K | 192.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 2264 | $1.38 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.39 | 1997 | 1 |
View Market Depth
| Last trade - 16.10pm 11/07/2024 (20 minute delay) ? |
| AFG (ASX) Chart |