l take your point but don't see it as a proxy for a bond.
l see AFI & ARG as old fashioned equivalents to an ETF (ie. STW).
Solid holders of AFI might go back a few decades and are now happy with the performance over time.
the yield just isn't sufficient to wade in. just a note watch the cash reserves. I have noticed these have been lower in the last few years.
will the continue to pay divs at the same levels in a market rout? one of the reasons l am looking at PIC was the reserves highlighted at the AGM that can cover dividends for two years.
- my thoughts 
l take your point but don't see it as a proxy for a bond.l...
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Last
$7.15 |
Change
-0.030(0.42%) |
Mkt cap ! $8.948B | |||
| Open | High | Low | Value | Volume |
| $7.18 | $7.21 | $7.15 | $2.455M | 342.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 48 | 110333 | $7.15 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.16 | 2902 | 1 |
View Market Depth
| Last trade - 16.10pm 29/05/2024 (20 minute delay) ? |
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Last
$7.15 |
Change
-0.030 ( 0.37 %) |
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| Open | High | Low | Volume | ||
| $7.17 | $7.21 | $7.15 | 84025 | ||
| Last updated 15.56pm 29/05/2024 ? | |||||
| AFI (ASX) Chart |