What are your thoughts in regard to the post FYE17 director selling in the context of the timing of the subsequent downgrade? Looking through the windscreen, the first downgrade may not be the last whilst the pending release of more shares from escrow could serve as a catalyst for a further prolonged period of overhang. Are you comfortable with the management risks associated with the business? Are you confident about the business’ future earnings growth prospects? To what extent, if any, do these factors influence your view and valuation of the business?
FIG Price at posting:
50.0¢ Sentiment: Hold Disclosure: Held
