I'm with shrike and oxtail.
I can't overlook the fact that I have consistently been impressed with the company for the duration of my holding, and I would like to think that there is reason to remain optimistic.
I would also like to think that management will learn from these events, and move strongly into the future. On the assumption that a favourable resolution is reached, I have sufficient confidence to retain my holdings.
Having said the above, I am not prepared to say that the company has been the victim of an unhappy or unlucky set of circumstances. Yes, various and perhaps (in the sense of them occurring at or about the same time) unlikely factors have combined to cause the current situation, but that is no excuse for the company creating such a a complex and ultimately "deck-of-cards" structure.
Awaiting the outcome with great interest.....
deadlines, page-16
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Last
$1.51 |
Change
0.005(0.33%) |
Mkt cap ! $407.5M | |||
| Open | High | Low | Value | Volume |
| $1.51 | $1.52 | $1.50 | $177.5K | 117.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2194 | $1.51 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.52 | 484 | 1 |
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| Last trade - 16.10pm 23/08/2024 (20 minute delay) ? |
| AFG (ASX) Chart |