So what does this mean? Was MQG the problem in the original proposal? Does it re-open the AFG/Connective merger/takeover deal?
I think AFG has the financial capacity to still do the deal as they had a capital raising to finance the original proposal but did not use the funds for that purpose. They have subsequently run with a deal with Fintelligence. Did they use the Connective funds for this or alternative funding sources?
Interesting times ahead.
Cheers Westwind
Ann: AFG to acquire Asset Finance Aggregator Fintelligence, page-13
Add AFG (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$1.64 |
Change
0.000(0.00%) |
Mkt cap ! $442.7M | |||
| Open | High | Low | Value | Volume |
| $1.65 | $1.65 | $1.62 | $182.7K | 111.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 17716 | $1.63 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.65 | 20800 | 2 |
View Market Depth
| Last trade - 16.10pm 08/11/2024 (20 minute delay) ? |
| AFG (ASX) Chart |