re: a great bunch of signals
Add to the fact that u.s. housing is quietly doing a turn-around (positively), and has been since late jan 09, which, once gathering pace, will positively influence the world growth thats not quite there yet.
Remembering that growth is anything above '0'!
Demand for resources should pick up (as it already is in china), and aus miners will benefit ~ thinking huddys side. With renewed interest in safe mining practices in the growth, idl has the product, and demand should grow nicely.
So i'd agree that his under-valued (imo) co, is about to come good. Checking some miners p/e and cash / asset support levels, e.t.c., idl is way behind its true value. With the forward orders as well as CASH in the bank, i'm sure we'll hit more than the f.p.'s radar!
So, apart from the obvious with the no's of buyers, e.t.c., there's good fundamentals backing this stock, imo.
Hope the day fares well, particularly with the rise in global stocks o/night!
Cheers :)
IDL Price at posting:
45.0¢ Sentiment: Buy Disclosure: Held