I agree... for some reason this stock isnt well liked in the market, i have held for some time since my price is 0.42c, and am seriously thinking of averaging down now. IDL lost a substantial Huddys contract but they have made up for it with a number of smaller ones.
IDL going well in Chinese coal industry and we need more contracts to be signed here, but this is trading at 2x P/E FY10, UBS love it, have slapped an outperform rating on it and a 38c price target... for what that is worth. Still fundamentals are good thats what counts in any market!
Lets see..
Cheers
SuperTim
- Forums
- ASX - By Stock
- IDL
- time for a break out ??
time for a break out ??, page-2
-
- There are more pages in this discussion • 7 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)