AFT 0.00% 0.1¢ afg 2023-1 trust in respect of series 2023-1

oversold rebound starting!!!!!, page-7

  1. 4,327 Posts.
    Hi Folks

    Yes. 3.5....will it go lower..?

    This is starting to remind me a little of IPN. Both were covered by Huntleys at higher levels. Both had excellent potential. IPN retreated soon after the report and languished at levels similar to where AFT is now. Of course, IPN bounced and is currently somewhere around 50%or more above those lower levels.

    What does that say? Depends on how you read it I suppose.

    Thing is, Its currently less than half its original price of 7.3 cents when Huntleys were singing its praises. A lot can/has happened since then.

    What AFT is 'potentially' is a stock that could reward from lower levels......thing is where is the bottom or close to it? At these levels too, it is a company that could burn you as well.

    I'm not confident enough to say that 3.5 cents is it! But it is worth waiting and watching.........
 
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