Thanks. There’s some interesting points in Dr Boreham’s...

Thanks. There’s some interesting points in Dr Boreham’s Crucible. Surely someone will recognise the value f snapping up this company on the cheap.

Four years ago, the company was valued at $26 million, not much more than the value of its 12,000 square metre Boronia digs. The property plant and equipment are in the books at a heavily depreciated $16.7 million and are likely to be worth much more.

Dr Sparling estimates a similar sterile greenfield facility would cost “north of a quarter of a billion dollars”.IDT’s $30 million sterile plant was built for Pfizer and was written off years ago after the project discontinued. Because it’s expensive to run, the facility was mothballed.