AFG 0.30% $1.66 australian finance group ltd

GyzmoooAny amount of money is a lot of money for a company that...

  1. 1,188 Posts.
    Gyzmooo

    Any amount of money is a lot of money for a company that might not be around. $0.50 or $0.01 is all the same. 100% loss is 100% loss whatever the price. It just means that you can buy more shares at $0.01.

    If you don't like $0.50 why would say, $0.30 make it any more attractive?

    It is possible to trade AFG and make nice little profits as you go but at some stage the company could go into a permanent trading halt and then you are stuck and unable to do anything about it.

    Either you believe it will recover or you don't. That is the risk you take.

    Von.

 
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