Looks like owners are holding their shares to see what happens with the half year to 30 June 23. The potential avalanche of year end tax selling was more like a single grain of sand....
If Q4 is same as Q3, a profit before tax attributable to owners of AFL Group for the HYJune23 would be circa $700k.
This would equate to approximately 1cent per share for the half year. Double that 2 cents per share for YEJune24 and a little more and it is 2.2-2.5 cents per share. Noting of course that that CFO / COO has to make 3 cps for FY2024 for their bonus to vest.
Looking forward to the year end results being released. Hopefully some progress in the right direction.
Best
BSP
GLTAH, NFA, DYOR
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