Ann: Daily share buy-back notice - Appendix 3E , page-5

re: Ann: Daily share buy-back notice - Append... Have I made a boo boo not buying ITD below 20c. There were many opportunities to purchase a decent block for 19c. The 20.5c sell line has just been taken and I still procrastinate about my order. There is a big order at 21c but this can be taken out easily with the share purchase program still in effect. The last highest price allowed notice under rule 7.33 was $0.2016. I believe today could be the day that the company is allowed to buy at 21c. I believe at current prices the PE ratio is about ~6.7 with earnings at circa $3m. If the share price and earnings stayed constant they could grind down the PE ration down to 5. On a technical note this graph is a graph that reflects consolidation of the share price. The share price has to go up eventually. I'll stick to my current investment strategy and not buy and wait till February. Always stick to the strategy always!