AFG 1.00% $1.51 australian finance group ltd

Presumably it would, however not practical.There are 3.5 million...

  1. 64 Posts.
    Presumably it would, however not practical.
    There are 3.5 million notes issued.
    Yesterday's trade was 43,000 notes.
    ie less than 1/5 of 1 percent of issued.
    Presumably if they tried to buy even a few percent, it would rapidly drive price towards face value, and defeat purpose.
    I hope directors have more pressing issues on mind.

    regards,

    EyesOfAChild
    (I hold AXQ, REU, RAT - all recently bought, what a ride!!)
    Am looking to buy AFGHA myself.
 
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