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5,217 Posts.
32
13/09/18
12:09
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It would be nice to see director buying, but it’s a tricky one while ASIC is on their back.
Buying now is simply taking a flyer that out of this mess, there is more than $25-30m of value left in the brand and the trail commission.
As much as the brand has been trashed, I still think it’s got real value, especially in funeral insurance.
There’s always going to be a need for funeral insurance from a large segement of society.
They might yet become a commercial insurer too.
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