FIG 0.00% 2.0¢ freedom insurance group ltd

Ann: Market update, page-46

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  1. 2,671 Posts.
    lightbulb Created with Sketch. 23
    Nice pick up BTB. I was nervous with 45 million shares coming out of Escrow the day the FY 17 results are announced. Market is addicted to them smashing guidance so if they don't go better than the top end of EBITDA guidance Mr Market will be cranky. There will also be pre IPO holders in the escrow stock that would have taken stock below 35 cents. There's just too much profit on the table to resist for the escrowed holders.
    Last edited by Ivanovich: 19/07/17
 
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