What do you think Bahar? I dont think "games are being played" given that they have lost half their share price this month?
I'm looking long term, they seem to have assets that are generating a return, its the debt payments that are a prob.
I think they have acted correctly its just the situation that they are in, either by poor decisions or "global crisis"
They have shed staff and tried to get rid of bad debt, at this stage my belief is that they have the management, but to start at the very very bottom and get back up, it is going to be a challenge, it will be the investors that will dictate if they do it. Either way I think AFG will be a very different co. now, compared to a year ago. AND LONG TERM
agm today, page-19
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Last
$1.43 |
Change
0.040(2.89%) |
Mkt cap ! $385.8M | |||
| Open | High | Low | Value | Volume |
| $1.38 | $1.43 | $1.38 | $1.476M | 1.056M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 9093 | $1.42 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.43 | 1180 | 1 |
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| Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
| AFG (ASX) Chart |