Unfortunately might have to sell for a loss on this one. Just too much riding on a federal govt. that could change their agenda at the drop of a hat. Was hopeful for an announcement this week... Nothing. Even if IDT does receive a contract in 2021 to manufacture vaccines the SP may not react favorably unless it is long term / ongoing which I now think is unlikely. Currently they're not even discussing boosters being necessary for the entire population (just elderly and imunocompromised), and nothing being discussed about ongoing boosters beyond the 3rd dose.
What will the scope of any contract be for IDT? Absolutely no idea... So just too much of a punt IMO
Aussie mRNA manufacturer 2b DECIDED this week, page-10
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Last
13.0¢ |
Change
0.005(4.00%) |
Mkt cap ! $55.84M | |||
| Open | High | Low | Value | Volume |
| 12.5¢ | 13.5¢ | 12.5¢ | $41.88K | 314.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 180482 | 13.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 13.5¢ | 54 | 1 |
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| Last trade - 16.10pm 19/07/2024 (20 minute delay) ? |
| IDT (ASX) Chart |