AU1 0.00% 3.2¢ the agency group australia ltd

Ann: Appendix 4C and Quarter Update, page-2

  1. 2,136 Posts.
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    Holding up remarkably well still.

    I would be running for the exit. This can only go down till they recapitalization. The debt will sink this. I assume Macquarie understand the situation hence likely want out IMO.

    The quarterly shows all that’s wrong with the current business model. They added all these new agents but as the margin is so fine the uplift to profitability is negligible.

    10x
 
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