Well UBS has advised that allco's auditor has stated 'there is a material uncertainty regarding continuation as a going concern'.
Merrill have stated it is 'impossible to adequately assess AFGs fundamental outlook at present'.
Even AFGs CEO has admitted that AFG has no capacity to repay $900m of direct debt within 90 days that banks can call at any stage of their choosing now that covenants have been broken.
All told I would very careful before rushing into AFG today - it would have to fall a lot further before I would be interested, even on a ST trading basis.
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 (20min delay)
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Last
$2.08 |
Change
-0.080(3.70%) |
Mkt cap ! $563.1M | |||
| Open | High | Low | Value | Volume |
| $2.14 | $2.16 | $2.07 | $1.576M | 751.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 700 | $2.07 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.09 | 25000 | 1 |
View Market Depth
| Last trade - 16.10pm 04/07/2025 (20 minute delay) ? |
| AFG (ASX) Chart |