AFG 2.11% $1.40 australian finance group ltd

afr street talk page 20

  1. 364 Posts.

    "Elsewhere, a line of almost 17 million Allco Finance Group went through late at 81c a share. The stock said to be a part of National Australia Bank's sell-down as the bank looks to clean up its Allco exposure before its interim results on Friday.
    The healthy premium - Allco shares closed at 54c - sparked somewhat hopeful speculation that founder John Kinghorn might be topping up his 9.75 per cent stake."

    Again looks good for a bounce today, now that NAB has sold all of its shares and the large trade at 81c. Says to me it is worth a lot more than 54c at this point in time.
 
watchlist Created with Sketch. Add AFG (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.