FIG 0.00% 2.0¢ freedom insurance group ltd

how low can this go?, page-355

  1. 159 Posts.
    lightbulb Created with Sketch. 26
    It's a no brainer

    Look at MC, vs cash at bank, projected revenue minus 30% at most.

    Undervalued.

    Then look at the charts..kept plummeting until .085ish. Stabilised. The panick selling stopped.

    Last few days it's been slow but slowly going up...as investors know its undervalued but careful not to pick bottom in case more heavy selling.

    Last two days sentiment has changed to buy...

    A few bigger parcels going through...

    But... biggest motivator is forager. They are a big firm and I doubt they will let this stay here without taking it up. Sure they didnt want to be buying whilst other instos were selling down hard.

    So now that's stopped... it's time they took it up .. and/or a few others.

    That's my take. Imo
 
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