If St Andrew's goes through then it will likely shoot up. If it doesnt then I think FIG will have us all cursing lol... announcement wasn't great but it wasn't horrific either...so I think that's why there was a slight buy up... before reality sunk in again.
I cant imagine this going much lower with a MC of 13m... if we do see it dropping into the .04-.03 range I am going to assume someone knows something and they are getting out... I.e. no st Andrew's deal.
to be honest, I am surprised that they still haven't announced any new business model to capture new revenue... I mean just change products... it seems more like all the directors are running for the door and dont want their name to be associated with freedom when it goes down Imo.
will be interesting to see what happens... but I am getting less optimistic. Still cheap from a MC perspective and I think that's what many are thinking. If there is a CR should st Andrew's go through then imo SP will still be going up regardless as at least the business will have a "future"... whereas right now it's in limbo uncertainty.
FIG Price at posting:
5.7¢ Sentiment: Hold Disclosure: Held
