AFG 1.00% $1.51 australian finance group ltd

someone got a bargain with afgha yesterday, page-15

  1. 64 Posts.
    Presumably it would, however not practical.
    There are 3.5 million notes issued.
    Yesterday's trade was 43,000 notes.
    ie less than 1/5 of 1 percent of issued.
    Presumably if they tried to buy even a few percent, it would rapidly drive price towards face value, and defeat purpose.
    I hope directors have more pressing issues on mind.

    regards,

    EyesOfAChild
    (I hold AXQ, REU, RAT - all recently bought, what a ride!!)
    Am looking to buy AFGHA myself.
 
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