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I think ITG has been caught up in the global sell off on...

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Germantheologist

695 Posts.

18

08/04/20

19:45

Post #: 43958176
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Originally posted by **star: ↑

Yes, I'm watching as would those carrying >5,000 CDD prior to the demerger. The prospect of huge infrastructure spends has been topical for some while now, yet still the SPs of both has floundered, CDD down 40% & ITG down 55% since m/e Feb (5 weeks), and down another 2% and 5.26% respectively at this point today, so any long term carriers once again in the hole after multiple cap raisings at big discounts. Anyone's guess in light of lack of guidance and announcements, but management and directors acting in best interests of all shareholders continue to do well in light of disproportionate salary packages post-demerger and ongoing performance bonuses.

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I think ITG has been caught up in the global sell off on markets. I think it's fundamentals are solid and as infrastructure spending starts to be in vogue as a stimulus then they will do very well.

ITG Price at posting: 18.0¢ Sentiment: Buy Disclosure: Held
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