I think their strategy has involved taking on more risk from more asset purchase in order to protect their divies, in an enviroment that is either slowing or heading into recession.
I don't think low 3s would be an unreasonable price to ask for considering AFGs profile is not to flash and therefore may take more time to rebound in this fickle market. I think their strategy of making no extra announcements is bad for investors.
gotta be close to the ......, page-9
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Last
$1.68 |
Change
0.035(2.13%) |
Mkt cap ! $454.8M | |||
| Open | High | Low | Value | Volume |
| $1.65 | $1.71 | $1.65 | $1.422M | 845.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 3350 | $1.67 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.68 | 2214 | 2 |
View Market Depth
| Last trade - 16.10pm 13/09/2024 (20 minute delay) ? |
| AFG (ASX) Chart |