FIG 0.00% 2.0¢ freedom insurance group ltd

Ann: Completion of strategic review and business update, page-28

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  1. 914 Posts.
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    Days like today are the days that sort the Boys from the Men.

    This should be a buy, because everyone is panic selling... they have $18M in the bank and still have a log book of customers they can flog off to the nearest competitor.

    The liquidity shortfall just means Revenue is less than Expenses which is obvious seeing as they are no longer selling insurance.

    Am I buying? No... but I would if I had bigger balls.
 
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