ITD 0.00% 14.5¢ itl health group limited

Ann: Announcement of buy-back - Appendix 3C, page-16

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  1. 1,090 Posts.
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    ITD doesn't report quarterly, been on the market for too long. Half yearly will be released in the next few weeks though.

    I can make a pretty good case that the half yearly will impress, but the SP says otherwise. The biggest unknown will obviously be the cash burn for MHT. I had reservations about whether ITD had the cash generation/reserves to support the burn that would be required to make sure MHT established it's first mover advantage.

    Regardless it is starting to get to a very cheap price on pretty low volume. Was anyone able to get their hands on the report that saw the price spike up to 27c back in July? That may have some insight into their expectations for MHT moving forward.
 
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