Ending its five-week trading halt at the beginning of this week, iiNet shares plunged as expected to levels around 85 cents per share, the mark struck as a placement deal with white knight PowerTel Ltd.

Ending its five-week trading halt at the beginning of this week, iiNet shares plunged as expected to levels around 85 cents per share, the mark struck as a placement deal with white knight PowerTel Ltd.