FIG 0.00% 2.0¢ freedom insurance group ltd

Loss of trust reflected in the share price, page-96

  1. 106 Posts.
    lightbulb Created with Sketch. 11
    Putting aside sentiment vs fundamentals, the next game changer may well come from the value fundies and substantial holders Forager and Discovery (plus potentially others not yet announced through substantial notices).

    Whilst these guys aren't known to be activist holders like Sandon or Thorney, they aren't gonna sit on their hands watching their holdings continuing to erode either.

    It'd be interesting to see if either of them is still playing a long game with FIG and stay put with their respective holdings, or even move to soak up the selling volume and upcoming escrow release, then make their presence count and influence the agenda via the board. Especially if management (CEO, CFO, Founding Director, Head of Marketing to name a few) sells down further and general public already keeping a close eye on whether they still have skin in the game after the November fiasco.

    And of course as Gixx already called out - all bets are off if these guys are selling out.

    In the meantime it appears that this thread's title "loss of trust reflected in the share price" is still appropriate and reflective of where things are at.
    Last edited by tessastanle: 26/02/18
 
watchlist Created with Sketch. Add FIG (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.