It looks as though a few of the regulars are going to play this one.
I have gone in with a bid at $1.65 maximum.
I suspect this stock will do well.
Insurers that price their risk to make an underwriting profit do well. As with CBL.
The main line insurers such as IAG and Suncorp etc have a hard time as they often rely on their investment income to make up for very low underwriting profits and sometimes losses.
Good luck.
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LITHIUM PLUS MINERALS LTD.
Simon Kidston, Non Executive Director
Simon Kidston
Non Executive Director
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