AFT 0.00% 0.1¢ afg 2023-1 trust in respect of series 2023-1

The company is valued at less than $4 million as it presently...

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    The company is valued at less than $4 million as it presently sits - its only at $8 million + at the moment because it can't trade below 0.1c . So if they consolidate the way they are proposing , the share price will immediately open at 20c post consolidation so everyone should be prepared to lose 50% immediately - personally I think it will open lower as so many people will just want to bail out and be done with it at whatever cost as there has been no opportunity to do this for years. Why they want to consolidate so aggressively is beyond me apart from the fact that they they think it will make it easier for them to raise more capital - they can't raise capital now at 01.c because the company isn't worth this much plus any investor can't sell shares if they wanted to - Neil Bourne makes dumb and dumber look like absolute rocket scientists !!! E .
    Last edited by ecneitap: 28/04/17
 
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