Ann: Freedom announces business restructure, page-35

Basically they are axing sales of any products. That's right.. they aren't selling anything now.

But they do have current insurance holders which they will continue to service.

As always in Hot Copper world we have the usual rainbow skies and lollypop drops, but the truth is the situation is a bit more nuanced than that.

Killing off your only way of making money is bad, can we agree on that? However it may take the heat off for a restructure.

Won't be surprised to see this down in the 7 cent range in the short term.