AFG 1.83% $2.14 australian finance group ltd

have we missed something here

  1. 3 Posts.
    I HOLD STOCK OF AFG AND HAVE FOR SOME TIME, THE MANAGEMENT TEAM I THINK ARE QUITE CAPABLE.

    BUT ARE WE MISSING SOMETHING?

    AFG IS @ WEEK AWAY FROM BEING A COMPANY,
    OR BEING PUT IN A POSITION OF ADMINISTRATION.

    HAVING WORKED IN A COMPANY THAT HAS BEEN PUT UNDER DEED OF ADMINISTRATION..TWICE,

    I KNOW THAT IT IS THE ADMINISTRATORS THAT GET THE GREATEST BENEFIT AND THE SMALL BEER STAKEHOLDERS / SHARE HODERS... PEANUTS.

    THE REAL ISSUE IS VALUE AND RETURN. AND WHO GETS IT.

    THE COMPANY,
    IF IT GETS AN EXTENSION FROM THE BANKS. CAN ADD VALUE TO EVERYONES STAKEHOLDING,

    IF ALL GOES WELL, BUT THIS IS LONG TERM

    IF THE ADMINISTRATORS MOOVE IN WHO WILL BE THE REAL WINNERS?

    BANKS? ADMINISTRATORS?, TRADERS WITH OTHER AGENDAS?

    PEOPLE STILL FLY,
    CARGO STILL NEEDS TO BE TRANSPORTED,
    BUSINESSES STILL NEED SOMEWHERE TO HAVE OFFICES.

    I'M STILL HOLDING AFG,

    IT WAS ONCE A SOLID COMPANY AND WITH GOOD MANAGEMENT,
    IF GIVEN A BREAK, I FEEL CAN GET OUT OF THIS SITUATION.

    LONG TERM.

    I KNOW WHAT I WANT AS AN OUTCOME,

    UNFORTUNATELY I'M JUST A PASSENGER.



    ANY THOUGHTS?






    A PERSONAL VIEW ONLY,DO NOT TAKE THIS AS FINANCIAL ADVICE.
 
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