FIG 0.00% 2.0¢ freedom insurance group ltd

Ann: Completion of strategic review and business update, page-5

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  1. 1,641 Posts.
    lightbulb Created with Sketch. 35
    “We will have a ‘liquidity shortfall’ but we’re totes solvent”


    How do they reconcile those two statements?  Do they not know that the definition of solvency is being able to pay debts as and when they fall due?


    IMHO, FIG is FKT

    Last edited by friendlydwarves: 06/12/18
 
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