IDT 0.00% 11.0¢ idt australia limited

Don't think CS are shorting, they're no longer substantial...

  1. 60 Posts.
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    Don't think CS are shorting, they're no longer substantial holders which means they've gone under 5%. However if they're exiting it could weigh on the stock. Merril Lynch now substantial over 5%, so some of the CS selling vould be absorbed by them.

    Outside of the vaccine possibility, the cannabis business seems to be gaining momentum with a few new contracts signed just recently. Upcoming financial result should hopefully be supportive for the stock, with a vaccine agreement as blue sky in the hopefully not too distant future.

    Our politicians are more about saving their own neck first. The debacle with CSL and inability to supply AZ widely, the fact that AZ is now not suitable to under 50 year olds has to push a decision to broaden local manufacturing of (several) vaccines. Recent news I believe positive for a government grant to come through for IDT
 
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