FIG 0.00% 2.0¢ freedom insurance group ltd

how low can this go?, page-152

  1. 74 Posts.
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    if it goes below 10c, what is the next resistance level?

    IMO, the share will pick up as soon as the RC scrutiny is over. From long term perspective - banks and insurance companies do not go bankrupt easily and even if it goes someone will bail out (or some large bank will have to due to govt pressure). Therefore it is buy for me at 10c. Bears are scared of the "Strategic review" and treating this stock like other stock but with financial services this low is not warranted.
 
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