From the following link it seems that AFG have a large amount of finance themselves rather than relying upon raising the money from other lenders who will squeeze margins.
http://www.egoli.com.au/egoli/egoliStoryPa...ection=Warrants
The increased cost of debt in the US could actually help AFG to charge more for the money they have in the kitty.
capitulating, page-11
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Last
$1.65 |
Change
-0.010(0.60%) |
Mkt cap ! $446.7M | |||
| Open | High | Low | Value | Volume |
| $1.66 | $1.68 | $1.64 | $374.1K | 226.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 6751 | $1.65 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.66 | 11239 | 3 |
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| Last trade - 16.10pm 15/10/2024 (20 minute delay) ? |
| AFG (ASX) Chart |