FIG 0.00% 2.0¢ freedom insurance group ltd

Ann: Clarification of market announcement, page-25

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  1. 173 Posts.
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    I agree with you rexxar but I think a third question is how much value can they return to shareholders. If, as I’m assuming they can worst case realise something around 15c with the potential to transform their model or buy similarly challenged businesses cheaply or go ahead on St Andrews all on the upside then I’m buying more. I respect your posts & would value your opinion on what FIG should be able to return from the TC, assuming no more new business no sale just winding it down? Also, I think it’s very unlikely (constitutionally illegal) but your thoughts on the risk the TC lost in regulation?
 
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