0914 [Dow Jones] Allco Finance (AFG.AU) shares could be supported today by employee investment vehicle reaching standstill agreement with two margin lenders that will prevent sale of millions of dollars worth of shares in Allco and its hybrid investment trust Allco HIT Ltd. (AHI.AU) near term. Longer term outlook remains uncertain, with agreement extending to after release of full year results in August. Still, gives substantial time to stabilize stock following recent route of share price, potential for volatility in overall financial markets to reduce. (RBT
standstill agreement
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Last
$1.38 |
Change
-0.010(0.72%) |
Mkt cap ! $373.6M | |||
| Open | High | Low | Value | Volume |
| $1.40 | $1.41 | $1.38 | $398.2K | 285.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 12254 | $1.38 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.39 | 15493 | 1 |
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| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| AFG (ASX) Chart |