it doesn't necessary work out that way.
combination of interest and below book value sell will eat into the asset very quickly.
bank cash rate pay 7.5% for short term deposit. AFGHA notes pay 10.25% if they do pay at all.. however, there is much much higher chance of loosing it all.
iam approaching this stock very carefully. currently less than 5% of my holding is with AFG.
it doesn't necessary work out that way.combination of interest...
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Last
$1.43 |
Change
0.040(2.89%) |
Mkt cap ! $385.8M | |||
| Open | High | Low | Value | Volume |
| $1.38 | $1.43 | $1.38 | $1.476M | 1.056M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 9093 | $1.42 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.43 | 1180 | 1 |
View Market Depth
| Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
| AFG (ASX) Chart |