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2.0¢ freedom insurance group ltd

how low can this go?, page-427

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TopCop

106 Posts.

12

02/10/18

17:21

Post #: 35967184
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Originally posted by TopCop ↑

Can't predict what it'll be short term.

FIG was a solid value option at $0.40c - particularly with spectrum's referral program with mortgage and financial advisers.

Think about where FIG will likely be in one or two years? Marketing budgets can easily be shut down. Their top sales guys can go from flogging products directly to establishing referral partnerships all across the country.

All of the above aside. Their book as an asset already surpasses what the SP represents.

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Well with this announcement that looks just like what they are doing. Very glad to see that there was no news of St. Andrews in this - looks like this will keep the ship afloat for now, whilst they change direction and start the sails again

Last edited by TopCop: 02/10/18

FIG Price at posting: 13.0¢ Sentiment: Buy Disclosure: Held
2 Upvote

0 Great analysis

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