The announcement is not a market moving event, just a correction. Nothing positive in it anyway.
No one knows if this co will survive or not, except the bankers.
Trading on sentiment, LOW P/e if it survives - bit over 2...just have to make up your own mind about survival prospects.
I guess the s/p is doing what they call the random walk, great if you can pick the highs and lows
heading back over 2 dollars on new announcment, page-4
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Last
$1.62 |
Change
-0.010(0.61%) |
Mkt cap ! $438.6M | |||
| Open | High | Low | Value | Volume |
| $1.59 | $1.63 | $1.58 | $535.4K | 333.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 3545 | $1.62 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.62 | 4711 | 2 |
View Market Depth
| Last trade - 16.10pm 09/09/2024 (20 minute delay) ? |
| AFG (ASX) Chart |