Thanks for the response ... on the surface I love the acquisition but I'm just wondering why 92% of this market has been recently pawned off!!
Page 4 of the prestenation: Business Overview
The UIS Business provides specialised underground in-seam drilling services: -Exploration work -Dewatering work -Gas drainage work
UIS is currently the second largest industry player in Australia, with an estimated 44% market share. Other major providers include:-Valley Longwall 48%-Mastermyne 4%-GT Drilling 4%
IDL Price at posting:
$1.48 Sentiment: LT Buy Disclosure: Held