Mrgw - I suspect we actually don't differ too much. I sort of jumped at the "spook" word -probably because as an engineer my habit is to use more impartial unemotional language. Your points are valid and certainly the market is full of emotion at the moment.
I agree prospects are good and I'm happy to slowly accumulate over next 6 months.
They've indicated they don't expect current conditions to impact them too much so hopefully their 08/09 revenue will be close to target, debt will be reduced according to plan and sp today will look like a bargain in 12-18 months time. Not to say it can't go lower with the market in the meantime.
IDL Price at posting:
46.5¢ Sentiment: Buy Disclosure: Held
