IDL 0.00% $1.27 industrea limited

As Valley Longwall is now owned by a Chinese company ... I...

  1. 163 Posts.
    As Valley Longwall is now owned by a Chinese company ... I wonder what impact the sale will have on Industrea since Industrea's real growth story is linked to its success in China.

    In the sale announcement for Valley there was a very strong emphasis on SAFETY which makes me wonder how much overlap there is between their technology offerings? I wonder if this sale will create more competition with IDL or perhaps even serve to attract attention for chinese investment in IDL!!

    Does anyone out there have a good understanding of Valley and where it sits in the market!?!? I will do some reasearch but am also interested in hearing more from anyone thoughts on Valley and IDL.

    Merry Christmas everyone!!
 
watchlist Created with Sketch. Add IDL (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.