I have had shares in IDL on and off for some years and have made profits on the sale every time.
Recently purchased in again at .34c prior to their upcoming profit. It is hard to see how the market has not pushed the SP up as a result. A profitable company that's grown during the GFC increased the divident running a 29 percent margain on sales and growth in China left is massive. One understands there are lots of long term holders that are happy to take their profits out now as this company needs major growth for them to stay. I beleive if the HUDDYS op can reboot after the stock exit of XTRATA a while back and utilize their equipment up there it will help as that was a massive purchase.
I'm commited to holding this stock and think it's just normal now for a 4 to 10 million dollar contract to pop up every few months and the market has built that in to the pricing now. They are gaining 100 mill of new business a year which is good.
DYOR
IDL Price at posting:
$1.02 Sentiment: Hold Disclosure: Held
