There was an article in AFR today suggesting this is very good for AFG. The reasons basically are that
- AFG stake is (relatively) small but they are leveraged to this through the AEP stake (not their money but they get the fees)
- and also this pretty much guarantees not only that Qantas fleet expansion will occur but that AFG have locked in this fllet financing being done by them
I think the sp says it all, most people like it.
takeover, page-3
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Last
$1.64 |
Change
-0.045(2.68%) |
Mkt cap ! $442.7M | |||
| Open | High | Low | Value | Volume |
| $1.68 | $1.68 | $1.63 | $173.3K | 105.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 9096 | $1.64 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.65 | 2452 | 2 |
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| Last trade - 16.10pm 17/09/2024 (20 minute delay) ? |
| AFG (ASX) Chart |