IDL 0.00% $1.27 industrea limited

hi idlersidl has been metioned fairly positively on a...

  1. 130 Posts.
    hi idlers
    idl has been metioned fairly positively on a fundamentals basis on sky business both last night and tonight. the mentions both came from an ord minnet broker (who have a buy on them). one thing he did mention was that institutional investors lost a bit of faith with them a couple of years ago and that this was what was holding the sp back. he believes that if idl keep proving themselves by winning contracts the insto's will start to take notice again and get back on board and the sp will benefit.
    i thought the big reason for the big sp falls was the loss of contracts during the gfc and the uncertain outlook at the time.
    a question for you guy's now -- when he says the insto's lost a bit of faith, was that market negativity at the time or something management had done or said.
 
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