Questions of the Week – Estia, Isentia and Contango Global Growth Limited

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Question: For my SMSF, I bought Estia and Isentia some time ago and I am making a 45% loss on each. Should I be patient or take advantage of the recent pull back and buy something else with the now slim proceeds?

Answer: I can’t say I am a fan of either stock. Both have had quite considerable “fall from grace”.

Isentia (ISD) has rallied in the last couple of weeks. Still a little bit short of broker consensus target price of $2.12.

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