That was blood in the streets! Volume isn’t huge, market caps around 40 mill, not bad for last years profit of 13+ mill. If Trailing commissions are stopped at some point surely that would be on future sales only? How much would existing commissions be worth? Also this price implies that APRA will stop the St Andrew’s deal, which I haven’t yet heard anything which would justify that. I might regret it but I still buying!
FIG Price at posting:
16.5¢ Sentiment: Buy Disclosure: Held