AFI with it's steady and consistent dividend payments is almost a proxy for a bond.
With rising interest rates bond prices go down as money begins to drain to cash deposits and their now higher interest rates. The same is the case for the AFI share price - sometimes to the point of taking it lower than the NTA.
Ann: NTA & Top 25 Investments as at 31 August 2023, page-4
-
- There are more pages in this discussion • 17 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add AFI (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$7.47 |
Change
0.050(0.67%) |
Mkt cap ! $9.349B | |||
| Open | High | Low | Value | Volume |
| $7.44 | $7.49 | $7.44 | $4.693M | 629.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 8909 | $7.47 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.48 | 9681 | 2 |
View Market Depth
| Last trade - 16.10pm 01/08/2024 (20 minute delay) ? |
| AFI (ASX) Chart |