Ryphil - release of escrow shares is not the issue, that, as you say, was well flagged and why I sold and holders need to consider another 45 million shares coming out of escrow in Feb. Issue is the downgrade some 30 days after directors announced everything was going fine . Second issue is "call centre efficiency and conversion rates". To me that's sub text for saying " punters are struggling to pay thier mortagages and utility bills and are not in the mood to take unsolicited calls from something trying to sell them insurance". Much easier to just hang up. The 3 upgrades then the sell down, then the downgrade just all looks a bit too cute to me.
FIG Price at posting:
47.0¢ Sentiment: None Disclosure: Not Held
