IDT 0.00% 11.5¢ idt australia limited

Ann: COVID19 Vaccine Feasibility Assessment, page-647

  1. 60 Posts.
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    Depends what the news is! With the long term push to become more self sufficient with the supply of our medicines, this could be a $5-$10 stock in 3-5 years time. Obviously a lot of crystal ball gazing, but what you can't argue now is that globalilsation has peaked and national interest issues are going to see a manufacturing sector re-emerge in Australia, removing our dependence on China and this will include medicines and medical supplies. Fill in the gaps however you want as to what that will mean for IDT, but the news should be on the whole positive.
 
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