Australian (ASX) Stock Market Forum

IDL - Industrea Limited

Yeah looks encouraging, are we likely to see any significant movement as a result?? ....or is that unlikely due to the contract confidentiality?
 
No significant movement, perhaps kept the price fairly steady on a day it may have dropped slightly otherwise.
 
The collision avoidance system has to be a winner considering the mining scene, especially in WA, is still going strongly.
 
Looks like a good week ahead for IDL.

Nice support and good pickup today to 385 39 mark.

I wonder if it will get to 50 mark :)
 
3 Million buy orders for IDL at .475 and 1 million at .47, any idea whats driving that? Anyone got any ideas, has stagnated a bit over the past couple of weeks?
 
Yes I have seen those orders at 475, deep pocket investors stocking up.
makes me feel very assured, I am in at 48 :)
 
It almost looked like it was deliberately wedged between the big buyers at .475 and the big sellers at .485. Both sides slightly diluted after yesterday.
 
Gradually dropping back, at .43 this morning. Looks like this is being sold down, anyone know of anything driving this?
 
I am really happy to see coming down bcoz that will do long term correction and start going up again. Look at MAH movement that stock did same kind of correction and now all time high.

cheers
 
They copped a buy trigger last night, so it will be interesting to see where they head from here. Been slow and steady today so far, not much action ;)
 
Encouraging announcement this morning with PJ Berriman awarded a breakthrough contract in China. Hopefully this will give the share price a push in the right direction...??
 
Finally some goods news for IDL ...should lead to more future contracts in China....Last qtly was very disappointing, would like to know if their full year profit estimates are still on track.

Royce
 
Got shaken out as I dont quite like the chart for the last couple of weeks, and gut a feeling somebody is manipulating its share price, was moving up with almost a fixed angle. However it failed to keep the up trend at around 46-48c. Will be interesting to see what will happen during the next couple of months.
 
There does seem to be very big buy and sell numbers at times appearing like maninpulation. Does anyone think this one is a takeover option?
 
Hi yes, I have been watching this stock by the minute for the past 6 weeks since I bought in and yes there is a large investor at play here (in my opinion). I still hold. It's as if they were dropping the stock price on purpose, just prior to the marketplace announcement this time. Maybe so they could buy them at a lower price before that announcement.
If you see the stocks history, you'll note that there is a price dropper (maybe the same one), a few days prior to a good announcement i recall the same thing happened.
So in theory, you buy when you see a drop of 5 cents over 1 week. Check charts yourself as you may see the substantial drop timed just before market announcement.

If you are a medium - long term investor, then you won't have a problem.
 
This one has died in the **** today...

Down 6% on the day. Buy side is very very thin, and it seems as if everyone is trying to offload for some reason.

Now, where's that potential breakDOWN thread gone :p
 
Announcement out - IDL secures $75 million acquisition warchest - with Cornell extending their line of credit to $50 million and NAB $20 million in addition to cash reserves and proceeds for Omniquant. They have two likely candidates lined up.

Hopefully bigger and better things to come for this baby.
 
Track record seems to indicate they know what they are doing, aquisition strategy is solid, large volumes traded, hopefully starts to track north now.:rolleyes:
 
Announcement out - IDL secures $75 million acquisition warchest - with Cornell extending their line of credit to $50 million and NAB $20 million in addition to cash reserves and proceeds for Omniquant. They have two likely candidates lined up.

Hopefully bigger and better things to come for this baby.


Its taken a few days for investors to digest this news..Shares now heading in the right direction..back up to 50 cents .

Royce
 
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