the no news to shareholders while being stressfull could possibly indicate that things are indeed fine ...maybe not 10$ fine but $4-5 and when all is revealled shareholders will be happy.....well not the ones who bought at higher levels.....i saw it fall to 1.70 and i tried to buy for a trade....average is at 3.10 or so now but i want to sell,. unless a takeover bidding war begins...
it seems the halt (to me) is related to them wanting to get out of the recent US deal buying power stations for the new fund that isnt happening.....and maybe they cant get out of it so are open to other avenues of balancing the books.....ie asset sales...
I just hope (an pray) that the news is rerasonable and the SP doesnt tank.
what could be happening, page-2
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Last
$1.63 |
Change
0.003(0.15%) |
Mkt cap ! $444.0M | |||
| Open | High | Low | Value | Volume |
| $1.63 | $1.65 | $1.63 | $178.7K | 109.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 26339 | $1.63 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.64 | 11069 | 12 |
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| Last trade - 15.13pm 13/11/2024 (20 minute delay) ? |
| AFG (ASX) Chart |