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#Business Update - COVID-19
stale
Added 5 years ago

09-Apr-2020:  Business Update - COVID-19

IDT's SP rose +38% today on the back of that, so there's something in there that the market liked.  Mind you, to put that into some context, that just takes them back to where they were in early February (at 14.5 cps).  I think we're likely to see a bit of this over the coming weeks and months, share prices returning to pre-COVID-19 levels as people realise the underlying businesses are still worth at least as much as they were before the crisis.