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143 Posts.
38
24/08/09
22:17
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IDM looking good at the moment. Recent volume and price break out suggests to me that finance would be close to being secured.
I wonder if Macquarie bank would be the type of player to get involved? any thoughts?
Directors have been loading up heavily over the past few months, which brings confidence to the table.
Rang the company this morning (Perth office), and they were quick to point out that funding was in advanced stages, and looking highly probable.
IMO s.p would move bullishly towards 15cps -20cps. d.y.o.r.
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