FIG 0.00% 2.0¢ freedom insurance group ltd

Ann: Board and Leadership Renewal and Restructuring Update, page-10

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 524 Posts.
    lightbulb Created with Sketch. 80
    Regarding new business model, I think for time being their hands are tied by ASIC/APRA to make way for St Andrews acquisition, we're going through a time where regulators are demolishing the vertical integration model in the finance industry. If there's nothing else at all in the pipeline, its seems unlikely an external consultant would step up to CEO with a high profile Chairman joining what they already know is obviously a dead ship. Regarding directors running for the door, Freedom has already "gone down" as it current stands, however the founder and Forager hold 40% - 50% of the company and haven't sold anything yet, so it is likely the ex-directors selling their "free shares" every-time there's a run up in share price as you mentioned. Yes definitely interesting to see what happens..
 
watchlist Created with Sketch. Add FIG (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.