ISU
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5.08% 31.0¢ iselect limited.

Can't be past 20% as they would be obliged to make hostile...

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  1. Quingees
    687 Posts.
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    05/06/18
    17:57
    Post #: 33511111
    Can't be past 20% as they would be obliged to make hostile takeover offer. Hate to rain on everyone's parade, but I don't think Compare the Market are interested in taking over iSelect (too many ACCC issues). In my opinion, this is just a ploy to stop anyone else. I hope I am wrong, but it just doesn't make sense for them. In my opinion, they bought up big because it was just so cheap.
    ISU Price at posting: 85.0¢ Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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