50c would be a nice start, loljudging by the length and strength...

50c would be a nice start, lol
judging by the length and strength of the consolidation i would say that we have a whole new breed of bullish IDL investors on the register, as well as some happy stayers.
I expect, based on the growth/rebound in earnings and new contracts that we have seen as well as the very reasonable assumption that this is expected to continue, that IDL is deserving of much higher multiples.
Management have done a very good job under difficult circumstances yet still we trade below many of our peers on a straight P/E basis.
Broker recommendations and forecasts are bullish yet the stock has shown little sign of anticipation or build up ?

It has rapidly expanding markets, in many of which it has either prime mover or industry leader status or a depth of local knowledge (ie; Handlebar).

It has exposure to China
Multiple revenue streams and diversified markets
Did i mention good mangement IMHO lol
It pays a dividend
It is underpriced
and it is big enough to be on the radar

40-50c seems like a nice strong base to launch from in the year to come