IDL 0.00% $1.27 industrea limited

Huddys family are slowly selling their holding which is just...

  1. 403 Posts.
    lightbulb Created with Sketch. 21
    Huddys family are slowly selling their holding which is just over 13 percent now. A dilution has happened with the issue of another 119 mill shares to insto's. My guess is gradually selling down a holding opens up the register to another SSH coming onboard. Huddys have a blocking share in IDL to date which gives them and fellow SH a premium if a major so wants to take IDL out.

    Thoughts on the gradual sell down ?

    Do the insto's buying in have an escrow on their holding or is it liquid.

    Thoughts re the outcome of Longwall if it comes off.

    I'm pumped about the prospects and so will be building my holding on the dips.
 
watchlist Created with Sketch. Add IDL (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.