Listening to the interview on Boardroom Radio MD and founder talks about the future prospect of MY HEALTH TEST the 2.6 Mil gov grant and the Expansion into other new tests through collaboration in research n development with Canberra n Sydney UNI'S, these include tests for Hormones, Heavy metal n Vitamins, those tests are an addition to the 4 essential tests discussed already. but it does demonstrate a clear vision n direction by ITL . this is all into the future.
Currently, for the exciting ITL Bio Medical the profit n margin engine of the comp, there are 10 new products to be released this year into the market, Mr. Moss sounded a bit cautious in relation to big orders From the blood transfer products as the French distribution comp has put a big orders through only few months ago That is Feb n March /17 . we may have to wait few months for those orders to clear the shelves. was also nice to see 50% reduction in debt n cash in the bank.
ITD Price at posting:
48.0¢ Sentiment: Buy Disclosure: Held