It will be fine. ATM winner or not (and no Australian company was) 0.28 is seriously undervaluing... even without the MMI.. .28.. is undervalued. I've seen a tonne of companies priced far higher than this, without potential and running with huge debt with absolutely no income. IDT has potential... but most of all, it isnt running huge debt and it is making $.. small as it may be. Maybe it should run up some debt? Theyd have the ability to leverage nicely. In some way though, Ive very pleased they havent jumped into that.
IDT Price at posting:
28.0¢ Sentiment: Hold Disclosure: Held
