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Michael Malone’s iiNet faces a test if it wants to shift from growing by acquisition to expanding organically. Photo: Attila Csaszar

iiNet shifts from buyer to seller

Last month’s Business News shareholder return event unearthed the startling revelation that each of the three high-performing businesses we had chosen to represent Western Australian industry had focused on organic growth.

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02/03/15
$25k Bought
03/09/14
$23k Bought
03/09/14
$4k Bought
Total value as at the date of the transaction
Source: Morningstar

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