Announcement was very disappointing - I expected a recovery in the first half not the second. Still declaring inventory write offs and adjustments is stupid when they could have fully cleaned house at the end of last period!!!!!!
)*&%^%^&*&!!#&
On the plus side revenue is still up, some great prospects with the pig and stock blood sampling kits and debt reduced.
Not that continually increasing revenue without a corresponding increase in bottom line is a plus - but surely this friggen company will get it right shortly - come on new CEO !!
IMHO - I still rate ITD as a buy just expected returns will be delivered later than expected.
ITD Price at posting:
7.5¢ Sentiment: Buy Disclosure: Held
