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

They are going to struggle big time convincing anyone to invest....

  1. 3,098 Posts.
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    They are going to struggle big time convincing anyone to invest. Why would you ... these guys have proven time and time again they are just not up to winning business . My view is the market cap on this in its present state is only about 3 million as well. So investing at 0.1 of a cent you are buying in at 6 million market cap. If they consolidated the shares at say 100:1 , if would open again at 10c it would open at 5c . The only way they are going to get another $1 million dollars from investors is if they have some deals in the pipeline that we don't know about that are all but signed off on - you never know but I doubt it. I'm all for share consolidation as well and it just has to happen if this companies is the survive, but not until the market cap is back to $6 million which means winning some business !!!! E
 
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