AFT 0.00% 0.1¢ afg 2023-1 trust in respect of series 2023-1

technicals

  1. 3,083 Posts.
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    The one stand out thing that keeps happening here is that .001c keeps reloading - it continues to absorb the long term holders who are naturally fed up and have taken advantage of these buyers to get out and take their losses. Yet the fact that buyers are not only absorbing these sellers yet also building at .001c is a positive. Basis this my view is that as the selling wanes at .001c, and it looks like this is getting very close, then buyers will have no choice but to start eating away at .002c - if, and its a big IF, AFT's next round of capital raising can be done at .002c and not .001c, it will be a very big plus . Still very intrigued by all this and therefore still holding. E.
 
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