Australia's largest stock trading and investment forum Australia's #1 stock forum

FIG

Click for more information

0.00%

2.0¢ freedom insurance group ltd

Other than subsequently dollar cost averaging down to minimise...

First 5 Last

Share
Profile

Follow
gixxerboy

473 Posts.

1

07/11/17

19:14

Post #: 28581027
Share

Originally posted by gixxerboy ↑

Interesting! Circa 7.4m shares purchased in Oct @ circa 70c and another circa 10.7m shares purchased in Nov @ circa 49c equating to an average cost circa 57c. I’m a fan of Steve Johnson so view this as a positive development. That said, I wonder what he may be thinking about their initial purchase at circa 70c in the context of the subsequent downgrade shortly thereafter?

Expand

Other than subsequently dollar cost averaging down to minimise their loss exposure and create a lower exit price point.

FIG Price at posting: 45.0¢ Sentiment: Hold Disclosure: Held
1 Upvote

0 Great analysis

Reply

Top Stories

MIN

MinRes's Ellison knows he screwed up – for that reason, hunt for new Chair to be sped up

HotCopper Highlights: Your most watched stocks for Week 48, 2024

WC8

Pan Asia rebranding to 'clear confusion' after bagging $35M for Chile projects

RSG

Resolute shares bounce back as second payment made to Mali government to secure workers' release

History-making uranium sample grades and an imminent drill run. Infini Resources is poised to transform in 2025

ADD

Parkes Au-Cu project to 'transform' Adavale Resources with key targets

Ice-cold winner: Cryopreserver Vitrafy escapes November's IPO struggles to end debut week higher

Week 48 Wrap: ASX flirts with 8,500pts; APRA declines mortgage loan easing; Trump's Bessent tied to Dem donor

ACW

This biotech stock raised $11M in a risk-off environment. Its Alzheimer's drug could change the game

Dale Gillham's weekly wrap: Bold moves in NZ, caution in Australia

There are more pages in this discussion • 16 more messages in this thread...

First 5 Last

Add FIG (ASX) to my watchlist

SPONSORED BY