IDT 4.55% 11.5¢ idt australia limited

Stayer I think it's a combination of it currently being a micro...

  1. 407 Posts.
    lightbulb Created with Sketch. 101
    Stayer I think it's a combination of it currently being a micro cap (off most insto investment mandates except few boutique small cap funds) and current fragile market sentiment seeing herding into large cap defensives and bigger miners, and avoiding anything not currently profitable and certain of paying it's own way and chance of requiring further capital (even though this won't be IDT's situation).

    Keep in mind once it's market cap grows these kind of stocks van suddenly come on to more Insto radars, and they are happy to pay more in return for greater earnings certainty, unlike retail investors who are more willing to back small caps with a good story / potential.

    Be patient and I think IDT will prove very rewarding to all holders with 18-24 month horizon.

 
watchlist Created with Sketch. Add IDT (ASX) to my watchlist
(20min delay)
Last
11.5¢
Change
0.005(4.55%)
Mkt cap ! $49.40M
Open High Low Value Volume
11.5¢ 11.5¢ 11.5¢ $33.38K 290.2K

Buyers (Bids)

No. Vol. Price($)
3 88547 11.5¢
 

Sellers (Offers)

Price($) Vol. No.
12.0¢ 137002 6
View Market Depth
Last trade - 13.24pm 11/07/2024 (20 minute delay) ?
IDT (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.