Calling administrator was the right thing to do for AFG...check out its asset to liability ratio was 3.4:4.7. can't believe how they managed to destroy a sound company within two years.
CNP is next one to go and is currently at 20.6:16.4.
TSO is the next in the AREIT sector.
A/L ratio of 2 or higher may survive.
Before you question me, look at the ratios for GPT and GMG. They raised cash for a reason.
Calling administrator was the right thing to do for AFG...check...
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 (20min delay)
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Last
$2.15 |
Change
-0.045(2.05%) |
Mkt cap ! $583.5M | |||
| Open | High | Low | Value | Volume |
| $2.18 | $2.20 | $2.13 | $191.9K | 89.21K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 11 | 18561 | $2.14 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.15 | 4501 | 22 |
View Market Depth
| Last trade - 14.28pm 03/07/2025 (20 minute delay) ? |
| AFG (ASX) Chart |