Asset origination is bad, generates lots of fees as you spin off...but if you don't spin off - there goes the balance sheet. They are going to have reputation problems for some time if they stay with asset origination - they cant find buyers and cant close funds. Nothing else has caused the current problems. They are probably out of future asset origination now anyway - and probably were a month ago but didnt realise it - you need an end buyer to be a successful originator - any they dont have them. They are now the investors themselves!
deadlines, page-21
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Last
$1.38 |
Change
0.030(2.23%) |
Mkt cap ! $372.3M | |||
| Open | High | Low | Value | Volume |
| $1.36 | $1.38 | $1.35 | $357.6K | 261.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 3094 | $1.37 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.38 | 3284 | 1 |
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| Last trade - 16.10pm 09/07/2024 (20 minute delay) ? |
| AFG (ASX) Chart |