AFR might be in the throes of a significant financial negotiation/transaction. The $3m raised now leaves them in a position of strength in these negotiations.
This is probably why directors are happy to kick in more money now.
There are a number of things in the pipeline, this explains the level of confidence displayed by insiders!
director buying .5 millions worh of share, page-8
Add ALM (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
0.9¢ |
Change
0.000(0.00%) |
Mkt cap ! $12.98M | |||
| Open | High | Low | Value | Volume |
| 0.9¢ | 0.9¢ | 0.9¢ | $1.248K | 138.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 711500 | 0.8¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.9¢ | 1465810 | 3 |
View Market Depth
| Last trade - 16.10pm 09/07/2024 (20 minute delay) ? |
| ALM (ASX) Chart |