The trading halt seems to be related to the 1/2 yr report. If so, the delay is most likely to be due to an audit 'please explain'. It does not seem likely that a t/o or mbo could be proposed before the results are out.
Alternatively, there might not be any interim dividends :)
What is shocking is the company's complete disregard for the shareholders. 1 week of keeping everyone in suspense. If the company really goes under, how can it explain the announcement from 2 weeks ago on the lines of - "we do not know why the share price is falling". What could have happened in only 2 weeks that turned the whole thing upside down. Or is it some sort of smoke and mirrors game the bring the SP down and get the company dirt cheap?
Anyway, I cannot help the sinking feeling ...
what could be happening
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Last
$1.64 |
Change
0.005(0.31%) |
Mkt cap ! $442.7M | |||
| Open | High | Low | Value | Volume |
| $1.63 | $1.65 | $1.63 | $310.8K | 190.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 869 | $1.64 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.64 | 24185 | 1 |
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| Last trade - 16.10pm 13/11/2024 (20 minute delay) ? |
| AFG (ASX) Chart |