I think Michael Malone bought up big again below 80 cents, so probably only a few punters left. But I am one and its good to see it back today at its pre-crash price. With low liquidity and good results from its first major ad campaign it could be back over $2 soon.
The only cloud on the horizon is if senator Cooonan makes a politically expedient quick fix deal with Telstra on Fibre to the Node. Lets hope not because while the status quo prevails iinet have a good hand to play and any deal with Telstra will not be in the best long term interests of out Telecommunications industry.
IIN Price at posting:
0.0¢ Sentiment: Hold Disclosure: Held