Yes, all those fallen finance kingdoms were founded on the 'other people's money' entrepreneurial mantra of the finance gurus when there was plenty of cheap money to bandy about.
If only shareholders could take group action for management in dereliction of its duties to their best interests.
Sticking to the core business of AFG, its 20c shares have to come good in the next 10 years.
Kinghorn paid an average of $1.40?
The value will come back to that at least, because Mr K is down so many $millions, and he'll be working hard to restore the core business.
JMO.
large investor, page-4
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Last
$1.66 |
Change
0.035(2.15%) |
Mkt cap ! $449.4M | |||
| Open | High | Low | Value | Volume |
| $1.63 | $1.66 | $1.63 | $208.9K | 127.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 5873 | $1.65 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.66 | 3386 | 3 |
View Market Depth
| Last trade - 16.10pm 11/10/2024 (20 minute delay) ? |
| AFG (ASX) Chart |