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2.24%

65.5¢ integrated research limited

yep l lost my load and dumped on Friday... l felt terrible but l...

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Chris60

2,831 Posts.

88

23/02/21

17:08

Post #: 51256042
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Originally posted by daicosisgod: ↑

I will provide some more comments tomorrow but I believe the IRI management team has believed its own b/s for too long that its customers were incredibly sticky. IRI management believe even though its clients are moving to the cloud that they will be back because they have a superior product. That may be the case but in the meantime they are bleeding contract renewals and shortening contract lengths.

To measure this from a forecasting perspective is not that hard. Its about 500 lines on a spreadsheet with lots of renewal details and thats it. My view is that IRI management were well unprepared for Covid19 and have been caught with their pants around their ankles.

Can it be resurrected? Who knows but if a lot of shareholders believe it cannot there will be a bloodbath between now and August. So for existing shareholders like me there is going to be a lot of anguish over the next 6 months.

Unfortunately I am a very new shareholder in IRI and already I have moved sentiment to hold. This investment may have been a bad mistake. I reckon I will know pretty soon.

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yep l lost my load and dumped on Friday... l felt terrible but l was getting GBST flashbacks. this is a hard sector being hit by negative sentiment

IRI Price at posting: $2.15 Sentiment: Hold Disclosure: Not Held
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(20min delay)
Last 65.5¢		Change -0.015(2.24%)		Mkt cap ! $116.1M

Open	High	Low	Value	Volume
66.0¢	69.0¢	64.5¢	$259.0K	390.8K

Buyers (Bids)

No.	Vol.	Price($)
2	43814	65.0¢

Sellers (Offers)

Price($)	Vol.	No.
66.5¢	3969	1

View Market Depth

No.	Vol.	Price($)
2	43814	0.650
2	6382	0.645
2	4671	0.640
1	1588	0.630
2	11400	0.625

Price($)	Vol.	No.
0.665	3969	1
0.690	50000	1
0.700	62423	3
0.720	1800	1
0.725	3500	1

Last trade - 16.10pm 02/10/2024 (20 minute delay)

IRI (ASX) Chart