Ords now have a DCF valuation of 56c!!In 6 months Huddy’s had...

Ords now have a DCF valuation of 56c!!

In 6 months Huddy’s had several contract wins (including RIO in the Hunter and Bowen Basins and recently a $30m pa win with COK) and the product businesses continue to win new contracts into China on a monthly basis.

IDL’s “new business pipeline has swelled to record levels in FY09” with over $72m in contracts won so far.
IDL enters FY10 with its largest ever order book.

IDL are confident that “increased profitability will be achieved in the 12 months to 30 June 2009”.