IIN 0.00% $9.52 iinet limited

Strong Buy for IINET, page-22

  1. 16 Posts.
    I bought into it at $7.9. Not a good look.

    I presumed people were moving to higher yielding stock once the rates were cut. Yet competitors like TPM have a much lower yield and are doing better.

    If I recall TPM was in a downward trend to $6.50 and rebounded. So I feel as if something similar will take place as the SP becomes cheaper.

    I don't see anything wrong with the company fundamentally. I have been a customer for over 8 years.
 
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