IDT 0.00% 12.0¢ idt australia limited

Hi Andrew, I hope u don't mind me asking, but I'm doing some...

  1. 668 Posts.
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    Hi Andrew, I hope u don't mind me asking, but I'm doing some reading up on this stock and seems interesting, but do u foresee the need to raise capital again in the near future? I only ask this because in the Morgan's report they are forecasting an increase in equity of $16.1mil before the end of the financial year. So far only $3mil has been raised late last year from what I can see. So with the new strategic plans of the company to develop drugs in house, and Morgan's initiating coverage recently with a high price target, alarm bells r ringing in my head. I'm not familiar with the company however and haven't done much research so happy to be advised otherwise. Cheers
 
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Last
12.0¢
Change
0.000(0.00%)
Mkt cap ! $51.55M
Open High Low Value Volume
12.0¢ 12.0¢ 12.0¢ $12K 100K

Buyers (Bids)

No. Vol. Price($)
2 199853 12.0¢
 

Sellers (Offers)

Price($) Vol. No.
13.0¢ 48010 2
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Last trade - 10.10am 17/07/2024 (20 minute delay) ?
IDT (ASX) Chart
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