ITD 0.00% 14.5¢ itl health group limited

Ann: Daily share buy-back notice - Appendix 3E , page-2

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    re: Ann: Daily share buy-back notice - Append... I wonder if the 887,938 traded today was part of the share buyback? This is one of those long term grind it out investments. I wonder what their debt position will be like in the full year accounts. Just a thought but would be good if they merged with another micro cap medical products company. Cost saving synergies could be extracted and a larger entity could gain a larger multiple. However downsides include cultural issues, management control issues and what merger multiple is appropriate. In fact you probably don't have to bundle it with another medical products company just a company where cost savings can be extracted ie premises. Don't know just thinking...
 
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