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iSelect's board has been lapping up shares at low levels after a disastrous listing on the ASX
iSelect's board has been lapping up shares at low levels after a disastrous listing on the ASX. Over the past week or so, five of the six-person board have bought stock, led by Damien Waller, executive chairman and co-founder, who spent about $245,000 at an average price of $1.39. iSelect directors have spent about $370,000 in recent days; the company declined to comment on the buying. At yesterday's closing price of $1.41, the shares are selling at about 19 times forecast earnings. Read more: (VIEW LINK)
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Tom McKay is the Co-Founder and Managing Director of Livewire. Tom's passionate about democratising access to high quality investment ideas and insights, so all investors can make more informed and successful investment decisions.
Tom McKay is the Co-Founder and Managing Director of Livewire. Tom's passionate about democratising access to high quality investment ideas and insights, so all investors can make more informed and successful investment decisions.
Expertise
Tom McKay is the Co-Founder and Managing Director of Livewire. Tom's passionate about democratising access to high quality investment ideas and insights, so all investors can make more informed and successful investment decisions.
Expertise
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