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2.0¢ freedom insurance group ltd

Ann: Becoming a substantial holder from FOR, page-21

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Sharkies63

377 Posts.

42

10/11/17

09:25

Post #: 28671012
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Originally posted by kovey ↑

I sense a lot of backroom dealings behind the dark curtain here! Market reaction looking unusually too severe for a company that only announced less earning than previously expected - not quite the last nail in the coffin- combined with the timing of the "Business Update" and now the insiders picking up large volumes of share at $0.45 not $0.88? It looks like some souls - NOT THE MARKET LOGIC- had planned for the 33% drop in a day in sp! Logically, not cynically, we should wait for a piece of juicy GOOD good news any day to hit the billboards and radio waves. It's a test of my sanity! If this scenario doesn't unfold, I am certainly going to see a shrink!

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What are you talking about? These so called insiders were buying prior to the share collapse, why would they be doing that if they new it was coming?

FIG Price at posting: 52.0¢ Sentiment: Buy Disclosure: Held
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