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2.0¢ freedom insurance group ltd

$10m of the St Andrews deal is cash. Difficult to see FIG...

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jamwolf

5,217 Posts.

32

04/10/18

19:09

Post #: 36001199
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Originally posted by theworst911 ↑

Those that are waiting for the st andrews deal.

Just be very careful.

1) will it go thru?
2) when?
3) how would it be financed given current situation?
4) even if 1-3 is a non issue, how much value does it actually create for shareholders? People often assume acquisition would result in synergy etc and expect so much only for them to be disappointed. Can anyone answer? 60m acquisition. How much is it worth to this business?

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$10m of the St Andrews deal is cash. Difficult to see FIG stumping it up.

FIG Price at posting: 9.0¢ Sentiment: None Disclosure: Not Held
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