ION iondrive limited
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why the sell off????????

  1. aramalap2
    4,263 Posts.
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    15/12/03
    17:30
    Post #: 330202
    don't own this stock but have watched it go from below one buck to over 2.50 and now it's nearly back to 2 bucks

    p/e is about 8-10 times earnings and yield just over 5%net

    anyone got an idea why the huge swing around?

    is it a combination of insto's selling out re expected rate increases (as previously posted by others)

    i thought some of their contracts in the USA were done in aussie $$$$$$
    ION Price at posting: 0.0¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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