FIG 0.00% 2.0¢ freedom insurance group ltd

They bought at 70 cents down to 36 cents, with an average price...

  1. 163 Posts.
    lightbulb Created with Sketch. 23
    They bought at 70 cents down to 36 cents, with an average price of 51 cents. That means as of today they're down 81%, that's $2.56m remaining out of $13.75m investment, talk about gut wrenching. They're probably either taking a "wait and see" approach when the new business model is clear because Steve still believes in the TC (after all, they're still holding on to Thorn because its trading @ 50% of its NTA), or today they've simply decided this business has no future at all and decided to dump. If it was the later, I would imagine they would've done it around 30 cents before the RC commenced, and not after.
    Last edited by ReXXar: 19/09/18
 
watchlist Created with Sketch. Add FIG (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.