FIG 0.00% 2.0¢ freedom insurance group ltd

Ann: Completion of strategic review and business update, page-41

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  1. 163 Posts.
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    Yes let's do keep in touch, you're strong in technical and maybe I'm stronger in financials, I'll be taking at least a month off though as now we're entering the festive period.


    By the way, IOOF crashed 35% today, management apparently will have be dismissed, at least they have a diversified revenue stream though unlike Freedom. Sometimes I feel nothing is for certain in this investing business, take RCR, I watched it when it crashed 50% after "project specific" event, they did an institutional raising at $1 which means they had $100m net surplus cash according to their statements at the time, one months later they went bankrupt lol who could've thought this would happen to a 120 year old billion dollar company..

 
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