AFG 1.09% $1.40 australian finance group ltd

MJS- will be owing my margin lender money if I dont act. I have...

  1. 51 Posts.
    MJS- will be owing my margin lender money if I dont act. I have been holding & buying more on the false belief for a while that AFG had bottomed around 6.50. Sold half my porfolio yesterday. I expect it to go sub $5 bucks today & if this happens Ive got to get out. Ive already put myself back years - to keep hoping would be financial suicide.

    My mistake was blind faith in the afg growth story & its ability to resist the credit crunch headwinds. It hasnt & apart from Centro would have to be the worst performed ASX 200 company by a long stretch. If I had selected a BNB or MQG - maybe i would have survived.

    Bad choice, lack of diversification & failure to act decisively & too much risk are my failings.
 
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Last
$1.40
Change
0.015(1.09%)
Mkt cap ! $377.7M
Open High Low Value Volume
$1.38 $1.40 $1.36 $648.3K 467.5K

Buyers (Bids)

No. Vol. Price($)
1 1020 $1.39
 

Sellers (Offers)

Price($) Vol. No.
$1.40 22915 2
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Last trade - 16.10pm 25/07/2024 (20 minute delay) ?
AFG (ASX) Chart
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