AFG 0.35% $1.42 australian finance group ltd

News: AFG UPDATE 1-Australia's first neobank Volt to shut deposit taking business, return licence, page-6

  1. 12,543 Posts.
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    According the 30th June 2021 Annual Report the Volt Neobank investment by AFG was $15 million.

    For a small ASX listed company with net equity of just over $200m this is a significant write off.

    I am surprised that AFG has not made a announcement to the ASX on this matter.
 
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