IDT 0.00% 11.0¢ idt australia limited

Fair question. I don't have an agenda if that's what you're...

  1. 5 Posts.
    Fair question. I don't have an agenda if that's what you're asking. I had some investment in another stock - sold up and shuffled it all into IDT on a whim. I bought several parcels and ended up averaged in at 46 cents with a stop loss of 39 cents. That's my full disclosure. I no longer hold stock in IDT. The more I looked into it, the more I realised that IDT presented (at best) a fill and finish opportunity - which was an entirely possible outcome and one clearly likely to boost the stock price will over the $1 mark in my humble opinion. However, anyone who's done 5 mins of research will know that IDT is in no position to produce vaccine, IS NOT in a position to produce vaccine in the next 3 years regardless of how much money you think the government might throw at it - and absolutely without question is in no position to produce mRna (queue histerical laughter). Anyone who suggests otherwise either has an agenda or a very low IQ. The recent announcements by CSL (upgrading output to 1mill per week) and the supply of Pfizer through back-channels means the vaccination target will likely be met as required.

    Now, has IDT employed new staff? I dunno maybe? Doesnt change the fact they CANNOT produce vaccine AND the government now HAS supply. NEEDING to and WANTING to - produce these vaccines locally - doesnt make IDT more capable of doing so. As i've said before - it took Pfizer nearly 5 years AND 1 billion Aus dollars to build a facility capable of getting to the STARTING line ready to think about producing any kind of vaccine - now add another $500 million and a stack of time we dont have to get to the point of filling vials and you're almost there.







 
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