The announcement says it’s a $3.8m facility and the Victorian government funding will be provided in 3 tranches over 12 months.
In my opinion, the grant will will cover most of the $3.8m but IDT will have to fund it initially then get reimbursed over 12 months.
The question is how quickly can the facility be built and when will the master agreement with Nagase and other biotech companies be finalised and announced. These could be big dollars.
The announcement says it’s a $3.8m facility and the Victorian...
Add IDT (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
10.5¢ |
Change
-0.005(4.55%) |
Mkt cap ! $36.90M | |||
| Open | High | Low | Value | Volume |
| 11.5¢ | 11.5¢ | 10.5¢ | $12.65K | 115.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 211760 | 10.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 11.0¢ | 71203 | 2 |
View Market Depth
| Last trade - 10.41am 05/06/2024 (20 minute delay) ? |
| IDT (ASX) Chart |