Ann: Trading Halt, page-69

First 69 Last

Share
Profile

Follow
Brickingbad

3,146 Posts.

110

14/12/21

14:01

Post #: 58283453
Share

Originally posted by aflyingfish: ↑

So in the spirit of unnecessary overanalysis, the wording of the IDT Trading Halt announcement is very interesting:

"The Company requests the trading halt in order to consider its response to a forthcoming public announcement by the Australian Government in relation to its Approach to Market: proposals to establish an onshore mRNA manufacturing capability; and Australia’s mRNA translation and manufacturing ecosystem more generally, which the Company is not in a position to announce to the market at present."

My thoughts:

1. It seems very unlikely that IDT would go into a trading halt if their "response to a forthcoming announcement" is "we are sad that we're not involved. Stuff you guys". So to me, this indicates something to consider. This could be "Would you like a small piece of fill and finish work?" "Would you like to sell your facility to Moderna?" "Would you like X amount of funding to do Y"? And it seems to me that they'd need to consider this, rather than saying in the trading halt "We're going to announce a partnership", if they're considering it, it means they might not do it, so they haven't given any details while they're just working things out.

2. The second part is a mystery to me and if anyone has some idea I'd love to hear it. "Australia’s mRNA translation and manufacturing ecosystem more generally, which the Company is not in a position to announce to the market at present." What on earth does this mean? To me all I can gather is that it means more than nothing, which I see as a good thing.

What a mystery!

Expand

point 2 - I agreed I have no clue what they are talking about after reading it 10+ times lol. can't blame it the CFO done the letter

IDT Price at posting: 48.0¢ Sentiment: Buy Disclosure: Held
2 Upvote

0 Great analysis

Reply

Top Stories

Time for retail therapy buying in the shopping Scentre for hot stocks

With financials holding the fort, materials must step up with some heavy lifting to stimulate stocks

SS1

Sun Silver submits US$60M Silver Paste Funding Application to US DoE

Eurozone-based companies find new ways to secure a regional lithium supply

End of FY is a time to juggle wins, losses and capital gains taxes

There are more pages in this discussion • 91 more messages in this thread...

First 69 Last

Add IDT (ASX) to my watchlist

(20min delay)
Last 10.5¢		Change 0.000(0.00%)		Mkt cap ! $36.90M

Open	High	Low	Value	Volume
10.5¢	10.5¢	10.5¢	$48.95K	466.1K

Buyers (Bids)

No.	Vol.	Price($)
2	1047176	10.0¢

Sellers (Offers)

Price($)	Vol.	No.
10.5¢	294694	2

View Market Depth

No.	Vol.	Price($)
2	1047176	0.100
1	15000	0.098
1	5500	0.096
2	381655	0.095
2	55500	0.091

Price($)	Vol.	No.
0.105	294694	2
0.110	104307	2
0.115	139865	2
0.120	61120	5
0.125	174981	2

Last trade - 16.10pm 25/06/2024 (20 minute delay)

IDT (ASX) Chart

Ann: Trading Halt, page-69

Time for retail therapy buying in the shopping Scentre for hot stocks

With financials holding the fort, materials must step up with some heavy lifting to stimulate stocks

Sun Silver submits US$60M Silver Paste Funding Application to US DoE

Eurozone-based companies find new ways to secure a regional lithium supply

End of FY is a time to juggle wins, losses and capital gains taxes

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News

Ann: Trading Halt, page-69

Top Stories

Time for retail therapy buying in the shopping Scentre for hot stocks

With financials holding the fort, materials must step up with some heavy lifting to stimulate stocks

Sun Silver submits US$60M Silver Paste Funding Application to US DoE

Eurozone-based companies find new ways to secure a regional lithium supply

End of FY is a time to juggle wins, losses and capital gains taxes

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News