Would be nice if it was $1 however i think considering the market at the moment with wall street effecting the world market IDL are holding well. Once they announce the full year 07 and the PE is rerated to reflect the than trading of the previous PE of 06 the market will warm up to IDL. I can see more annoucements within the next 6 months with possibly a couple more aquisitions to follow as i've said with a PE of 5 on latest purchase and an average of 4 previous to that i think they're buying at very good PE and as they add the synergies with their chinese distribution arm it will get more traction.
IDL Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
