I used today’s drop to buy a bunch more. It was a shame to miss out on the ATM business, but I still get a sense that IDT is the right thing in the right place (particularly now that Melbourne has been chosen as an mRNA centre) at the right time.
I base this info on what I heard during the AGM on 16 Nov. I decided to dig up the recording and would recommend anyone interested to listen to the CEO’s response to the question/s at 38 - 45 mins in to the presentation.
It certainly sounds like they’re gearing up for big things and I believe as currently priced as if they’re ‘doing nothing’. Maybe the ATM being the big headline makes some believe that all is lost? I’m still feeling good about it.
https://webcast.openbriefing.com/7955/player/index.php?player_id=46348
30th Dec movement, page-11
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Last
11.0¢ |
Change
0.010(10.0%) |
Mkt cap ! $38.66M | |||
| Open | High | Low | Value | Volume |
| 10.0¢ | 11.0¢ | 10.0¢ | $51.57K | 490.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 216298 | 10.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 11.0¢ | 82689 | 3 |
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| Last trade - 16.10pm 27/06/2024 (20 minute delay) ? |
| IDT (ASX) Chart |