AFG 2.84% $1.63 australian finance group ltd

waiting for announcement, page-9

  1. 3,062 Posts.
    i think but nobody really knows that it is moving with sentiment both market and afg supposed fundamentals,however my actual rationale is that this closing price is a protective measure and hopefully will gap up on open,after all
    if the sp. were not managed to some degree we would have wild fluctuations driven by funds and speculation.

    afg retain stringent control on news,and rumour for that matter,i believe but have no way of knowing that staff retain an enormous number of afg shares,and of course there will be other significant holders as well as ,us the punters who are looking to trade or incredible entry opportunity,afg has certainly been hammered,but as we are discovering through int. reports there are very few exemptions in the current climate,and some well regarded companys may well be in for a
    significant shift in market sentiment.

    i am hopefull we have managerial integrity within afg,they have it seems kept the market informed and honoured their committment to unwinding risk positions,we have some way to go ,however restructure is by all accounts substantially underway.

    am hopefull 18months will see a very different afg with positive cash flow,it is reassuring to note the decline in turnover of shares,personally i discount all the small parceles less than 1000 as managerial churning,keeps the sp. alive---as they say time will tell and its getting very close indeed.nervous you bet ,i have significant exposure,

    there are many incredible opportunitys at the present time,
    unfortunately like so many others i am not awash with cash to take advantage-so here we are
 
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Last
$1.63
Change
0.045(2.84%)
Mkt cap ! $441.3M
Open High Low Value Volume
$1.60 $1.64 $1.59 $1.514M 932.2K

Buyers (Bids)

No. Vol. Price($)
1 3002 $1.63
 

Sellers (Offers)

Price($) Vol. No.
$1.64 34057 7
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Last trade - 16.10pm 09/08/2024 (20 minute delay) ?
AFG (ASX) Chart
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