Although the sector to which IDL is exposed is currently experiencing a downturn I think the key to growth here lies in a statement recently made by the company "Given the tight capital environment, many of our mining clients are looking to outsource rather than acquire new capital equipment and this is creating growing demand for our business" Essentially the GFC is playing into hands of capital equipment hire business' like IDL. Should see several new contract announcements over the next few quarters imo
IDL Price at posting:
16.0¢ Sentiment: Buy Disclosure: Held