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10.0¢ idt australia limited

IDT has a MC of 37m with 13m cash, then there is no debt, big...

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Brickingbad

3,134 Posts.

110

05/05/22

15:59

Post #: 61231105
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Originally posted by PPPPP: ↑

While the share price has been disappointing, largely due to IDT being screwed over by the government, they company's washing it's face with its cannabis business, is trading well under replacement value of land and plant and has a sizeable spare capacity. While it made tremendous sense that the company would be supported by the government under national interest issues, to bring the manufacture of medicines (not just Covid vaccines) needed by Australians to Australia, the patience of management must be just as frayed as investors waiting for this to happen. When the board and management reach a turning point, IDT can surely look to source the funds and strategic partnerships it needs from the corporate world globally. This company is more than a one trick pony.

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IDT has a MC of 37m with 13m cash, then there is no debt, big block land, refreshed equipment... not sure how we got to this low but I'm buying more for sure !!

IDT Price at posting: 14.0¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 10.0¢		Change 0.000(0.00%)		Mkt cap ! $35.14M

Open	High	Low	Value	Volume
0.0¢	0.0¢	0.0¢	$0	0

Buyers (Bids)

No.	Vol.	Price($)
1	30000	10.0¢

Sellers (Offers)

Price($)	Vol.	No.
9.4¢	4052	1

View Market Depth

No.	Vol.	Price($)
1	30000	0.100
1	8000	0.095
1	35693	0.093
1	5500	0.091
6	119677	0.090

Price($)	Vol.	No.
0.094	4052	1
0.095	31000	1
0.098	30000	1
0.100	61742	2
0.105	400000	5

Last trade - 16.12pm 03/06/2024 (20 minute delay)

IDT (ASX) Chart

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