IDT Australia (ASX:IDT) has confirmed its proposed takeover offer from a company called Myndbio for 15cps has been scrapped. While that deal was higher than IDT’s 11.5cps closing price on Tuesday, IDT says that somewhere along the way during its own Due Diligence activities, Mynd simply stopped getting back to the company. “Following completion of its due diligence, Mynd has not submitted an updated proposal in a timely manner that could be considered by the board of directors of IDT,” the latter wrote on Wednesday. “Accordingly, at this time, the Board does not consider that continued engagem…