In the absence of any profit indicators I reckon it's not a bad idea to keep an eye on the number of employees that a company has. The indication by AFG that they hope to increase that number from 400 to 500 by the end of the year is a very good sign. Most managers like to look at the earnings contribution per employee as an indication of efficiency. With or without Qantas, the future for AFG is looking good on that basis.
I invite others to comment on this theory. Not foolproof though.
profitability
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Last
$1.41 |
Change
-0.015(1.05%) |
Mkt cap ! $381.7M | |||
| Open | High | Low | Value | Volume |
| $1.43 | $1.43 | $1.41 | $343.4K | 242.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 18682 | $1.41 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.42 | 609 | 1 |
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| Last trade - 16.10pm 21/06/2024 (20 minute delay) ? |
| AFG (ASX) Chart |