IIN 0.00% $9.52 iinet limited

iinet and swt values asqew

  1. 5,447 Posts.
    If the market is valueing Swiftell at $24 million then iiNet is a bargain at $2-50 valueing the company at $100 million.iiNet customers dwarf Swiftell by a country mile. Whether the merger with i-Hug goes ahead or not,the company is the 5th biggest and if a merger goes ahead, the 3rd. If the merger goes ahead then the squeeze on the smaller players will intensify. iiNet is at least a dollar under value and more likely should be priced at $4.
 
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