yeh mate, ridden it from 18 cents to 50 and almost back today, had an order in today for some more at 22 but obviously missed out. A p/e of what, 4? crazy..demand for coal isnt going away. Yield is ok buying at these prices too. Actually bought some MCP on close based on your recommendation + dyor...I think I could do better out of IDL for short term gains but wanted to diversify a bit. Lack of new wins worries me a bit, would hate for a profit dowgrade. But Ill be buying multi bake not those other brands from now on hah. It was either, this, MCP or DCG.
Certainly will revisit my trading/lack of stop loss strategy in the next few months as im hurting bad.
IDL Price at posting:
75.0¢ Sentiment: Buy Disclosure: Held
