You might see it above 20c when the next quarterly shows how much of a dint not selling life insurance does temporarily. If revenue is around 13.5 mil (15% less) we are safe. Remember they are lined up to buy st andrews 2019 which has the licences they need to start selling the products taken away. If the transaction doesnt fall over this will be above 40c.
Don't be surprised about ill practices in any business espically insurance. This one is only drawn out because of the royal commission.
The sellers tape has dried up on this one. The buyers tape has turned on. End of the day if there making $$$ there will always be interest.
FIG Price at posting:
13.0¢ Sentiment: Buy Disclosure: Held