AFG 2.13% $1.68 australian finance group ltd

full year report thoughts, page-3

  1. 10,917 Posts.
    lightbulb Created with Sketch. 45
    Hello rewind the items I noticed include

    - need to reduce debt further by $304 mill by June 09
    - critical that bank has support to June 2009
    - loss of $1731.6 mill if you add back adjustments due to restructure the profit would be $29.2 mill

    The key here is the bank has given support obviously because they have reduced debt and it is not in their interest to force AFG.
    - the executives probably don't care if the share price goes down further so they can issue the proposed options at a lower price
 
watchlist Created with Sketch. Add AFG (ASX) to my watchlist
(20min delay)
Last
$1.68
Change
0.035(2.13%)
Mkt cap ! $454.8M
Open High Low Value Volume
$1.65 $1.71 $1.65 $1.422M 845.3K

Buyers (Bids)

No. Vol. Price($)
2 3350 $1.67
 

Sellers (Offers)

Price($) Vol. No.
$1.68 2214 2
View Market Depth
Last trade - 16.10pm 13/09/2024 (20 minute delay) ?
AFG (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.