IIN 0.00% $9.52 iinet limited

looks oversold

  1. 1,348 Posts.
    the sp of inet has dropped over 35% in the last 3days based on telstra trying to increase wholesale line rentals to smaller isp's. the accc and federal government will not allow this. the potential earnings downgrade causing the sp to drop will never eventuate. this stock is way oversold and will rally strongly back to $3 when punters work out that telstra will never get what they want

    cheers
 
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