FIG 0.00% 2.0¢ freedom insurance group ltd

I didn't reload. I bought at that price. Sometimes I'm right,...

  1. 2,565 Posts.
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    I didn't reload.
    I bought at that price.
    Sometimes I'm right, sometimes I'm wrong.
    Not sure of FIG's COR - but $50M is quite cheap if you agree for this business.
    Think about this - you've got shell companies that have reached $40M-$50M in the past.
    You've got companies awaiting drill results that have reached higher than $50M ..

    This business with all it's issues - can you say today, that it's worth the price of those shells?
    Hence why I've taken a punt.
    perhaps i'm wrong.
    that's fine. Nothing bad about being wrong. I"m a shortterm trader.
    Just think $50M mc for this is a bit cheap.
 
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