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0.1¢ afg 2023-1 trust in respect of series 2023-1

Do you really think they care ....

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gazzabottoms

170 Posts.

10

28/04/17

12:14

Post #: 24327993
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Originally posted by junior101 ↑

Agree totally...and that is if you can get a buyer.Remember this stock,for years has had highly
infrequent trading with never any buyers in line. In those circumstances can't see
any buyers forthcoming until management decides to real with regards an ASX.based
investment strategy rather than just being a "privately operated" company on the
extreme fringe with no investment appeal as a Listed entity.The real concern for
large shareholders[non-management related]like Surplus King is that on first
day of consolidated trade a $2,500,000 investment could be worth almost nothing.
At least at 0.001c cannot go any lower..capital preserved while waiting eternally
for management to make some sort of relevant announcement that might shift s/p

Look at Lakes Oil..still has buyers at 0.001c..even with 21 billion shares on
issue and drilling bans in place...says it all.

AFT Consolidation plan, on that basis, at face value
looks to be poorly considered with regard signifigant negative implications for shareholders.

Cheers

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Do you really think they care ....

AFT Price at posting: 0.1¢ Sentiment: Sell Disclosure: Held
4 Upvote

0 Great analysis

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