I dont know about this notion of China slowing, last i heard they had qtrly gdp growth at 11.9% yoy
I think recent sp weakness has more to do with global market concerns with sovereign debt combined with local concerns over Henry review mining super tax and with the miners being hit hard it comes as no suprise there will be a similair blow to the mining services sector. The whole thing is overdone imo
IDL Price at posting:
91.5¢ Sentiment: Buy Disclosure: Held
