It is reassuring to see Phil Garratt putting his own money into...

It is reassuring to see Phil Garratt putting his own money into IDM. This would be in addition to him taking up his entitlement in the SPP. I presume he will take up his full entitlement @ 20c since he has been buying on market above that price.

The SP is holding up very well on a down day which is also encouraging. Although someone sold a large parcel (23.5c)at the close yesterday. Maybe just anticipating the selloff in the US.

I also like the look of the chart. As I see it the share price gapped up on the 23rd March and then came back to fill the gap on the 24th May. All we need now is some buying volume and off we go. There may be some resistance at 30c. I would welcome any comment by more experienced TA followers.