Pete Wargent blogspot

CEO AllenWargent Property Buyers, & WargentAdvisory (institutional), 5 x finance author.

'Huge fan of your work, very impressive!' - Scott Pape, The Barefoot Investor, Australia's #1 bestseller.

'Must-read, must-follow, one of the finest analysts in Oz' - Stephen Koukoulas, ex-Senior Economics Adviser to Prime Minister Gillard.

'One of Australia's brightest financial minds, must-follow for accurate & in-depth analysis' - David Scutt, Business Insider.

'I've been investing 40 years & still learn new concepts from Pete; one of the finest commentators' - Michael Yardney, Amazon #1 bestseller.

'The most knowledgeable person on Aussie real estate & most comprehensive analyst I follow in Oz' - Jon Tepper, Variant Perception, 2 x NYT bestseller.

Thursday, 2 November 2017

Isentia to recover?

Afraid not, 

The share price crashed by more than 4 per cent yesterday to 95 cents, following on from yet more declines.


Remember that when you have a drawdown of 80 per cent on an investment, you'll need it to go up by 400 per cent, just to recover the loss.

Which ain't gonna to happen.

On a brighter note - at least for those that remained fully invested - the Australian All Ordinaries  index went through 6,000 to hit its higher level in 10 years.