Australia's largest stock trading and investment forum Australia's #1 stock forum

ISU

Click for more information

6.18%

47.3¢ iselect limited.

Ann: ISU Trading Update & CEO Resignation, page-21

First 21 Last

Share
Profile

Follow
Yoda2503

631 Posts.

82

23/04/18

20:51

Post #: 32639815
Share

Originally posted by Autosime ↑

No doubt some of the top 20 where net sellers - you don’t have a 55% SP drop in a day without insto selling . For insto the question isn’t whether they think it’s worth 60 or 70c , once they take the view they aren’t holding they will dump relentlessly unti they are out as in the end the difference between 45 and 55 May be .1% of their funds performance. This kind of selling is where opportunities sometimes materialize . Take BAL , BLK , AGI , Flight Centre , TWE and ALL a few years back where all at some stage sold down heavily by institutions causing big price falls . Not suggesting the stock is going back to 2 dollars or even 1 any time soon, but at 45c a 30-35% return is not to onerous imo

Expand

Well that is true but most of those examples are good businesses with good revenue recognition policies........i dont think this one is in my opinion

ISU Price at posting: 44.5¢ Sentiment: None Disclosure: Not Held
1 Upvote

0 Great analysis

Reply

First 21 Last

Add ISU (ASX) to my watchlist