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2.0¢ freedom insurance group ltd

I will be buying if it goes below 8c- risk vs reward. For now...

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jin12345

2,223 Posts.

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13/09/18

12:15

Post #: 35573615
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Originally posted by jamwolf ↑

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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I will be buying if it goes below 8c- risk vs reward. For now Hang on there yet. Wait till all RC done and the recover will be on its way. Fig will survive and as I said before insurance and banking industry are all the same - ie 99% making money albeit slow growth industry .
Dyor

FIG Price at posting: 10.5¢ Sentiment: None Disclosure: Not Held
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