I was interested in buying into AFG on wed/thur when they were supposed to announce their results on friday, then monday etc. Personally I think they won't relist until they have sorted funding - either via an asset carve up or an equity issue. I cant see them getting bank support ala CNP. Any asset sales wont be pretty given AFGs state and an equity injection would dilute shareholders to such an extent the SP would tank (even if the headline price for shares seemed okay I suspect there would be a massive stash of vesting options wiping away most upside. Consequently I can see them relisting at under $2, if at all.
I was interested in buying into AFG on wed/thur when they were...
-
- There are more pages in this discussion • 13 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add AFG (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$1.39 |
Change
0.000(0.00%) |
Mkt cap ! $379.0M | |||
| Open | High | Low | Value | Volume |
| $1.40 | $1.41 | $1.39 | $326.7K | 233.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 893 | $1.39 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.40 | 8632 | 12 |
View Market Depth
| Last trade - 15.03pm 28/06/2024 (20 minute delay) ? |
| AFG (ASX) Chart |