Bye bye iSelect: once promising microcap gone for $72m - The Australian Financial Review
8/9/2022 12:00:00 AM2 years 8 months ago
by Anthony Macdonald, Sarah Thompson, Kanika Sood
by Anthony Macdonald, Sarah Thompson, Kanika Sood
iSelect has called time on its eventful nine years as an ASX-listed company, agreeing a deal to be acquired by the same company that owns its competitor Compare the Market.
In hindsight the float, at $1.85 a share and valuing the company at $479.3 million, signalled the top. The stock traded down on listing as some non-escrowed shareholders bailed, it missed prospectus … [+1899 chars]
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