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2.0¢ freedom insurance group ltd

Forager, as they grow, will improve at cutting losses and move...

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DrDante

564 Posts.

20/12/17

01:43

Post #: 29755469
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Originally posted by gixxerboy ↑

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.

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Forager, as they grow, will improve at cutting losses and move on. They have a great fund so should avoid capital killers which FIG is looking like at present. If they start exiting then this thing will be in free fall.

FIG Price at posting: 45.5¢ Sentiment: Sell Disclosure: Not Held
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0 Great analysis

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