I posted yesterday on what a poor reaction the market had to news I felt was fantastic .
The company has NTA of 2.50 has reduced debt , commenced an asset sale, extended its facilities and has some fantastic business units yet it trades at 20% of nta , and a smidgen of the highs it had of $10 plus when in reality the only thing that has changed is that debt that was always there is now a threat where as previously debt was rewarded as a an indicator of gearing up assets for growth
I agree however that we will see green close on AFG , as yesterdays reaction was as i posted poor and an indicationnthe accumulators were waiting for the traders to buy and then seel out today and tomorrow .
Interesting to see the short positions relating to the stock , is therer anywhere you can et this info?
I posted yesterday on what a poor reaction the market had to...
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Last
$1.59 |
Change
-0.030(1.85%) |
Mkt cap ! $430.5M | |||
| Open | High | Low | Value | Volume |
| $1.62 | $1.63 | $1.53 | $314.1K | 195.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 930 | $1.59 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.62 | 130 | 1 |
View Market Depth
| Last trade - 16.10pm 04/11/2024 (20 minute delay) ? |
| AFG (ASX) Chart |