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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.