IDT 8.00% 11.5¢ idt australia limited

Ann: Update on Indicative Proposal from Mynd, page-11

  1. 617 Posts.
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    That's a good point re how the market has reacted to the offer so far - pretty muted. You'd think if punters thought it had a good prospect of success they'd be loading up a bit more than they are, obviously not all the way up to 15c but a little closer than 12c you'd think.

    I haven't kept track of what the SP was whenever Sandon and the other major shareholders loaded up but not sure if they have necessarily averaged down below 15c. Hopefully they are like the rest of us on here and see much bigger returns down the line.
 
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