AFG 0.72% $1.38 australian finance group ltd

Thx Rewind,Good to get some feedback.I've heard that "if you owe...

  1. 64 Posts.
    Thx Rewind,
    Good to get some feedback.

    I've heard that "if you owe the bank 100K and can't pay, then you have a problem, but if you owe them 1B (and AFG owes >6B), then its the Bank who has the problem."

    I suppose something we have going for us that Banks depend on confidence and they know it, and that from that point of view, they really can't afford for AFG to fail if they can help it. What do people think?

    BTW, I note today AFG going up, AFGHA going down.
    Curious eh?

    Hold AFGHA not AFG
 
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$1.40 $1.41 $1.38 $398.2K 285.1K

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3 12254 $1.38
 

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Price($) Vol. No.
$1.39 15493 1
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