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David Bailey says the purchase represents a significant step forward for AFG.

AFG in $10.9 million property lender buy

West Perth-based Australian Finance Group has announced it will purchase a 30.4 per cent stake of Sydney-based commercial property lender Think Tank Group for $10.9 million.

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Share Price

Closing price for the last 90 trading days
Source: Morningstar

BN30 Index

Index = 100 as of 4 Jan 2016
Source: Morningstar

Total Shareholder Return as at 30/11/18

1 year TSR5 year TSR
263rdEmeco Holdings1%68%
308thVietnam Industrial Investments-2%27%
332ndAustralian Finance Group-6%
588thMACA-43%-6%
741 WA (and selected non WA) listed companies ranked by 1 year TSR relative to other companies with similar revenue
Source: Morningstar

Share Transactions

11/06/18
$0 Other
11/06/18
$0 Other
04/05/18
$41k Bought
Total value as at the date of the transaction
Source: Morningstar

Revenue

12th↑MACA$589.9m
13th↓Australian Finance Group$582.6m
15th↑Emeco Holdings$383.2m
16th↑Vietnam Industrial Investments$380.0m
239 listed industrial companies ranked by revenue.
Source: Morningstar

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