FIG 0.00% 2.0¢ freedom insurance group ltd

You’ve got to be kidding? There’s a massive share overhang on...

  1. 473 Posts.
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    You’ve got to be kidding? There’s a massive share overhang on the stock due to escrow selling (which is only likely to get worse early next year) and holders simply wanting out imho. The involvement of Forager and Discovery is of little consolation imho. I wouldn’t be surprised to see Forager head for the exit if/when the share price gets back to their average entry price circa 57c. As for Discovery, the share price would need to bounce back to circa 70c which doesn’t seem likely anytime soon. All imho of course.
    Last edited by gixxerboy: 15/12/17
 
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