AFG 0.72% $1.38 australian finance group ltd

where are the rampers now

  1. 274 Posts.

    i was continually abused for telling people to be extremely cautious on afg.

    and now sally and her crew are nowhere to be seen. like i said, they were only in for a quick pump and dump.

    my analysis of today's events.

    1. they will find an amicable solution, but this may drag on for a while. the allco team are still the best people to run this ship. imo afg is still in a better position now than they were in before they renegotiated the senior debt.

    2. i cannot see why afgha bore the brunt of selling today. imo they will pay the november coupon as they said today they continue to meet all interest payments.

    3. if afgha is only worth 10c in the dollar, then afg are worth 0. imo afg should be no more than 3-5c atm, i cannot believe it is trading at 13c. it is a joke when the subordinated notes that rank higher than afg are smashed 25% today when afg is only down 10%.
 
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Last
$1.38
Change
-0.010(0.72%)
Mkt cap ! $373.6M
Open High Low Value Volume
$1.40 $1.41 $1.38 $398.2K 285.1K

Buyers (Bids)

No. Vol. Price($)
3 12254 $1.38
 

Sellers (Offers)

Price($) Vol. No.
$1.39 15493 1
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Last trade - 16.10pm 28/06/2024 (20 minute delay) ?
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