iiNet – Did the market overreact? (10/03/2015)
This post was contributed by a representative of Montgomery Investment Management Pty Limited (AFSL No. 354564). The principal purpose of this post is to provide factual information and not provide financial product advice. Additionally, the information provided is not intended to provide any recommendation or opinion about any financial product. Any commentary and statements of opinion however may contain general advice only that is prepared without taking into account your personal objectives, financial circumstances or needs. Because of this, before acting on any of the information provided, you should always consider its appropriateness in light of your personal objectives, financial circumstances and needs and should consider seeking independent advice from a financial advisor if necessary before making any decisions. This post specifically excludes personal advice.
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James Price
:
IIN share price drop “from 7’s to low 3’s”? Charts I checked suggest the lowest price in recent weeks was $6.12 on 24/2/15 and not near the low $3 range since 2012. Perhaps you could clarify your statement (detail on graph shown was regrettably illegible).
Roger Montgomery
:
Good feedback and suggestions James.
Scott Shuttleworth
:
Hi James.
Thanks for pointing out the error, you’re correct.
I meant to say that it had reached the low $6’s.
Best regards,
Scott
John E
:
Superb timing on this Scott. If only investing was always this easy :)