Have done some research on why IDL is dropping so much, I have found out via a reliable source attached to company that there are 2 big Asian sellers who have had margin calls, their selling is close to being over, not much more to washout. Company has tried to get shares by "off market transfer" but they are in nominee accounts and have not been able to make direct contact.
Note that Idl has 60mill in the bank atm
I believe its still good co. which has just paid dividend of 1c ps.
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has the big seller finally gone, page-26
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