FIG 0.00% 2.0¢ freedom insurance group ltd

What are investors/SH's thoughts on FIG fundamentals? Given the...

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    What are investors/SH's thoughts on FIG fundamentals?

    Given the recent sell off the value proposition for FIG is looking compelling. Not a holder but am considering investing at these levels.

    Highlights as follows:

    - Strong OCF of $8.6M in FY17
    - Current ratio 1.7X with NWC of approx. $16M and Cash balance of approx. 27M
    - Healthy Balance sheet with Net Tangible Assets of approx. $49M
    - Revenue growth of 86% FY17
    - P/E approx. 7.7X
    - Directors with significant skin in the game
    - Recent insto. buying from Discovery Asset Management

    Happy to hear all opinions.
 
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Currently unlisted public company.

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