I have been a long term customer of iinet and occassional shareholder at iinet and especially amcom. I agree with most of what you have said, especially the issue of content.
If there is anything that would have me change providers it is a similar priced product with better content (especially AFL). Telstra is getting closer on price (but not close enough yet) and are well ahead on content. Once NBN is in (is anyone still building it?) AFL over the web will be a mainstream product - maybe as part of the next 5 year broadcast deal from 2017.
For a number of years iinet has only treaded water on subscriber numbers excluding acquisitions. New products excluding BOB have not done that well. And naked seems to offer almost no price advantage anymore (naked with 50G is $70 v adsl/phone 100G for $80) so that advantage is dying.
I don't currently hold but watch iinet carefully. I think there are more risks to the downside at present.
IIN Price at posting:
$2.83 Sentiment: None Disclosure: Not Held
