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ASF Group Limited (ASX:AFA)

ALERT: Price-sensitive ASX Announcement for AFA
Current share price for AFA : $0.058 -0.012 (-17.14%)+
Announcement
Release
29 Jul 2026 10:13AM
Price at Release
$0.070
Full Release
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Summary
ASF Group Limited's quarterly activities and cash flow report for the quarter ended 30 June 2026 details various financial activities and corporate developments. The company generated net cash of $5,190,000, marking an increase in cash equivalents despite facing operating cash outflows. Significant transactions included the disposal of non-core investments, such as shares in Key Petroleum Limited, and the sale of interests in ASF Coking Coal Pty Ltd and ASF Technologies (Australia) Pty Ltd. ASF Capital Pty Ltd continued developing its institutional digital asset platform, although it remains pre-commercial. The report also highlights ASF Group’s strategic investments in entities like ActivEX Limited and BSF Enterprise PLC, and ongoing efforts in property marketing through its subsidiary ASF Properties Pty Ltd.
Key Points
  • ASF Group Limited disposed of its shareholding in Key Petroleum Limited.
  • A Share Transfer Agreement was executed with Crystal Profit Ventures Ltd.
  • ASF finalized a Share Sale and Purchase Agreement with Terra Mineral Resources Investment Ltd.
  • The company maintains a cash balance of approximately $5.19 million.
  • ASF Properties Pty Ltd provides services to Australian and international investors.
  • ASF Capital is developing an institutional digital asset platform.
  • The company maintains various strategic investments in the resources, property, technology, and financial services sectors.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.