AFG 0.38% $1.33 australian finance group ltd

have heaps of this stock yet dont understand it & wish I had...

  1. 51 Posts.
    have heaps of this stock yet dont understand it & wish I had kept away from it but carrying significant loss so will stay in for the long haul (on the assumption the bottom is close). profit in line with expectations & they continue to enter businessess which (with hope) will increase earnings. There have been no downgrades or shocks that are out of the ordinary. Stock punished at recent correction like everything else. If you look at bnb it went as low as 18 bucks to now be around 30. afg has bounced to close to 10 bucks but twice now been sold down to 7ish. When it moved from rcd to afg it was around 10 bucks. I would imagine it would be difficult to find another stock that has performed so badly in the last year without a major trigger evident. Is the rubicon deal being viewed badly. I note shares have come out of escrow recently - many of which are being sold. Naturally this is putting pressure on the price. Is the escrow thing also a dillution of share value?
 
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Last
$1.33
Change
0.005(0.38%)
Mkt cap ! $358.7M
Open High Low Value Volume
$1.34 $1.35 $1.31 $832.5K 627.2K

Buyers (Bids)

No. Vol. Price($)
1 12823 $1.33
 

Sellers (Offers)

Price($) Vol. No.
$1.33 3240 2
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Last trade - 16.10pm 04/07/2024 (20 minute delay) ?
AFG (ASX) Chart
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