Overpriced iSelect shouldn't dampen IPO enthusiasm

A company with uncertain earnings priced beyond perfection. The iSelect IPO was always going to be a big ask.

Not the most auspicious day for a debut. But things can only improve from here, as the spruikers would have you believe.

As the general market tanked, down almost 1.5% by midday, iSelect, the latest internet group to hit the boards, rapidly headed south from the second it began trading.


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