FIG 0.00% 2.0¢ freedom insurance group ltd

Something interestIng bits that stood out to me: - Op cash flow,...

  1. 9 Posts.
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    Something interestIng bits that stood out to me:
    - Op cash flow, neg 15m compared to pos $8m last year.
    - Emp costs up 32% YOY however employees only went from 210 to 220.
    - Significant item noted from Auditor was the change in modeling of future comms.
    - No income tax actually paid, therefore I am guessing the income tax return more reflected the cash flow statement instead of the P&L.
    - I didn't even bother reading the ASIC stuff as the above scared me enough and what i read from others it sounds bad
    - Main shareholder substantially selling during the year.

    I suspect buyers at the moment are picking up FOR shares.

    I hope no one loses BIG.
 
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Currently unlisted public company.

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