Agreed this should have only dropped 20% factoring in complete doom and gloom- worst case scenario.
1.5 years until new trail disappears which seem likely, however they may offset this with a higher upfront fee.
I reckon true value factoring in total worst case scenario is 1.10-1.20 per share.
Ann: AFG Royal Commission Final Report Response, page-3
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Last
$1.61 |
Change
0.010(0.63%) |
Mkt cap ! $434.5M | |||
| Open | High | Low | Value | Volume |
| $1.59 | $1.62 | $1.59 | $360.1K | 224.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 15408 | $1.60 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.62 | 7408 | 2 |
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| AFG (ASX) Chart |