If IDT can maintain its current level of EPS the current share price is arguably supported now.
Though it's disappointing to officially hear that IDT did not win the mRNA contract, I blogged about that likelihood back in July.
Moderna will need to source it's key vaccine ingredients from somewhere. Does anybody think the government would be happy to bring mRNA onshore and still be dependent on foreign sources of vital inputs?
MIPS is still live. As is the MMI. Who knows what Novavax will do...
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