Last 2 days punters are punishing IINET share due to 1% growth in Profit & due to analyst not happy with current results.....Analyst are bunch of fraudster helping fund managers...problem is there basic fundamentals are week
If company is spending lot of funds toward buying smalls companies ( investing in growth) & still able to increase profit by 1% is really good.
IINET has raise number of customer and revenue by 11% , adding another 25000 customer is fantastic to me
Since last 1 month IINET share drop almost 25% ..but if you carefully investigate numbers they are doing extremely good.....They are snatching Telstra and Optus customer like never before & IINET has highest NPS among all ISP in australia.
I don't find any logic behind 25% drop in month - when company achieving great results
