Looks liek peoples are getting frustrated and I dont blame them really. Been flat for such a long time whislt there have been good opportunities elsewhere. The benefits of hindsight.
I have a bit of cash ready to catch some more IDL.
Charts dont look real flash but I am an IDL fanatic (at the moment lol).
last January we had a trading halt and then the ann that handlebar was lost. would be a lovely symmetry and ironic if Jan was another trading halt and an ann that Xstrata have officially re-engaged us. After all such informaiton is market sensitive else why ann the loss in the first place ? LOL
Itchy fingers to buy at these levels but will wait a bit and see if I am stopped out or if she recovers.
PS my Stops are always based on end of day closing price or if its bleeding obvious that the Sp is beyond redemption
Kinda should I buy or should i sell
The FA says YES
The TA says wait awhile
Hard one but I will wait and see what happens
IDL Price at posting:
42.5¢ Sentiment: None Disclosure: Held