Aug 12 (Reuters) - Australian Finance Group Ltd (AFG) :
- AUSTRALIAN FINANCE GROUP TO MERGE WITH MORTGAGE AGGREGATOR CONNECTIVE
- CONNECTIVE GROUP PTY LTD WILL RECEIVE $60 MILLION IN CASH AND 30.9 MILLION AFG SHARES VALUING ACQUISITION AT $120 MILLION
- AFG IS CURRENTLY EXPECTED TO MAINTAIN A DIVIDEND PAYOUT RATIO OF BETWEEN 60 AND 80 PER CENT
- TRANSACTION IS EXPECTED TO BE EPS ACCRETIVE PRE- SYNERGIES IN FIRST FULL FINANCIAL YEAR
Source text http://bit.ly/2ZSuRlO
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News: AFG Australian Finance Group To Merge With Mortgage Aggregator Connective
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Last
$2.55 |
Change
0.010(0.39%) |
Mkt cap ! $692.9M | |||
| Open | High | Low | Value | Volume |
| $2.53 | $2.57 | $2.51 | $1.999M | 785.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2800 | $2.51 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.55 | 75249 | 11 |
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| Last trade - 16.13pm 11/09/2025 (20 minute delay) ? |
| AFG (ASX) Chart |