iSelect falls on ASIC probe

iSelect has fallen to another record low after it was revealed ASIC has requested the company relinquish all documents following its disastrous stock exchange debut.

iSelect has dropped to a fresh record low after it was revealed the Australian Securities Investment Commission had requested the company relinquish all its documents in relation to its calamitous stock exchange debut.

The health insurance comparison business's share price dropped 3.2% to $1.36 at 1223 AEST – which is 26.5% below its debut at $1.85 just under three months ago.

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