Great news for IDM. I hope the bloke trying to flog 200000 at .082c wakes up in time to pull his bid and let the pre open indicative rise.
As for premium price, I think it would be fair to say that this is exciting for all current shareholders, and I am looking forward to this announcement when it is released.
I think the market may take a few days to take this news in, and I think that as new market interest in IDM increases we will see a reflection on the s.p.
I think today we will see modest gains, as IDM is more of a "quiet achiever".
Looking forward to a flurry of new announcements over the next few weeks, now we have the cash to spend, along with renewed interest
IDM Price at posting:
8.4¢ Sentiment: Buy Disclosure: Held