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2.0¢ freedom insurance group ltd

Great to see a fellow HC who knows Glennon. Very...

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phamp

92 Posts.

20/03/18

19:19

Post #: 31897102
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Originally posted by tessastanle ↑

Watching the price movements of late it seems that we're in that accumulation phase. No expected newsflow post recent half year results and subsequent big volume days following escrow release.

Amid low daily volume accumulation could be at play once again testing intra-day lows to flush any stop losses within the trading range or someone decides to jump on any given day.

It's been 4.5 months of sustained downtrend following the Nov downgrade and almost 6 months since management initially sold down in Sep last year. Guess this is the penance period for some who didn't have the nous of knowing that company management is the no1. metric small cap fundies like Glennon or Paradice rate stock putting aside others around cashflow/margins/price. Here's another one that made mention of FIG for present/future reference (beauty of the internet - once a sin is committed it sticks around for a long time).

https://unauthorised investment adv...agement-root-company-performance-says-expert/

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Great to see a fellow HC who knows Glennon. Very underappreciated fund manager

FIG Price at posting: 40.0¢ Sentiment: Buy Disclosure: Held
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