Yet another terrible result from IDT. It seemed reasonable that after taking a long overdue and massive write down on intangible assets last FY that we may get some clear air. But no, they’ve managed to find new excuses to lose money.
What the hell are they spending money on a buyback when they’ve burned through $3M + of cash ? That cash may be required to keep the company solvent in the next few years.
Ann: Appendix 4D - Half Year Report, page-3
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Last
11.5¢ |
Change
-0.003(2.13%) |
Mkt cap ! $49.43M | |||
| Open | High | Low | Value | Volume |
| 12.0¢ | 12.0¢ | 11.5¢ | $964 | 8.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 354166 | 11.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 12.0¢ | 93478 | 4 |
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| Last trade - 10.21am 11/11/2024 (20 minute delay) ? |
| IDT (ASX) Chart |