FIG 0.00% 2.0¢ freedom insurance group ltd

Yes Canadian they still are underwater, although after their...

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  1. 106 Posts.
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    Yes Canadian they still are underwater, although after their most recent top-up few weeks ago I believe they're now averaging at around 50c.

    P/E wise FIG is less than half of its peers' average, so either the market is factoring in zero sales this 2nd half of the year or churning half of their existing policies or both haha, also given some insiders or early entrants have presumably been selling of late since the fiasco last Nov.

    Otherwise accumulator could be making a last-ditch effort to test price/volume support and dump or stack on the sell side, hoping to scoop back any stops or surrenders whenever possible.
    Last edited by tessastanle: 28/03/18
 
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