Calling administrator was the right thing to do for AFG...check out its asset to liability ratio was 3.4:4.7. can't believe how they managed to destroy a sound company within two years.
CNP is next one to go and is currently at 20.6:16.4.
TSO is the next in the AREIT sector.
A/L ratio of 2 or higher may survive.
Before you question me, look at the ratios for GPT and GMG. They raised cash for a reason.
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AFG
australian finance group ltd
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1.59%
!
$2.55

why call administrator now, page-10
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Last
$2.55 |
Change
0.040(1.59%) |
Mkt cap ! $692.9M |
Open | High | Low | Value | Volume |
$2.59 | $2.59 | $2.53 | $398.9K | 155.3K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
29 | 6673 | $2.54 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$2.55 | 7958 | 9 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
17 | 1809 | 2.540 |
29 | 11203 | 2.530 |
19 | 16223 | 2.520 |
7 | 7187 | 2.510 |
7 | 24496 | 2.500 |
Price($) | Vol. | No. |
---|---|---|
2.550 | 13178 | 14 |
2.560 | 10033 | 13 |
2.570 | 15477 | 17 |
2.580 | 15215 | 12 |
2.590 | 41616 | 7 |
Last trade - 11.52am 16/09/2025 (20 minute delay) ? |
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AFG (ASX) Chart |
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3DA
AMAERO LTD
Hank Holland, Chairman and CEO
Hank Holland
Chairman and CEO
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