AFJ affinity education group limited
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Creating or destroying shareholder value??

  1. jchami
    105 Posts.
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    18/06/15
    15:47
    Post #: 15490995
    Since the company went into trading halt on the 11th of March to announce the capital raising, the SP has slid from $1.29 to $0.845 today (less than 14 weeks period), representing a 35% drop in SP.

    It has been in almost freefall since the 29th of May ($1.03)

    All major brokers (IG, Commsec, Morningstar, Baillieu Holst) have a strong buy, yet the SP has been dropping.

    Doesn't make sense...
    AFJ Price at posting: 85.5¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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