AFG 0.00% $1.43 australian finance group ltd

good be a positive

  1. 87 Posts.
    so the suspention has been extended, and there will be lots of specualtion as to why and if its positive or negative.
    Here are my thoughts:
    If Allco is telling the truth and their book are fine and there is really no reason for the dramatic price drop apart from emotion and margin calls then this could be very positive.
    Why? Well now we have MQG and BNB in a bidding war for Allco, with their books open i guess. If their books are what they say they are then let the bidding begin.
    The extention in suspention could be becasue they are waiting to see who will offer the better deal.
    Too optemistic???
 
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