Yes, it was badly oversold but a good thing. 35-40 % of IDC's "retail shares" are now off the "market" and will not likley be traded in the short and medium term (a total of 65,000,000). By the time we get to the end of the year I am expecting that only about 8% of IDC's share script (65,000,000) will be available for trade in the short or medium term. I expect another 40,000,000 IDC 'retail shares' will be taken out of trade by particular investors when the time is right, probably no later than October this year. Then things are going to get interesting.
IDC Price at posting:
6.7¢ Sentiment: Buy Disclosure: Held
