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5.08%

31.0¢ iselect limited.

iSelect not to buy this dog of a stock, page-26

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lakota6

5,869 Posts.

409

23/04/18

16:30

Post #: 32634313
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Originally posted by 8horse ↑

No.

But,
Most crashed stocks have huge issues, particularly excessive debt, but ISU is exception, with $21m cash and debt free.

ISU, spent $60m cash on share buyback, paying dividend, share price has been smashed 80% over last 12 months, should have good bounce ahead.

Too many margin calls, stop losses happened today.
Huge volume going through.

Much better than any other crashed stocks, imo.

Expand

Good call on the volume...217M shares issued, nearly 65M traded today . Don't see nearly 30% of issued shares traded in one day too often.

ISU Price at posting: 44.5¢ Sentiment: Buy Disclosure: Not Held
1 Upvote

0 Great analysis

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