IOH share price has now slipped back down below my break-even. My shares owe me about $1.07 each & I'm probably one of the lucky ones here as I know many forum members entered higher than that.
We are in this thing up to our necks now, notice that BCI already collected over 10 million IOH shares (I can't remember the exact number) from this offer and Stokes has already committed to the deal unless a better offer comes and I think we all know that is a remote possibility.
No option but to ride this out, take up our BCI shares - well run company, but needs the iron ore price to rebound for us to make any sort of coin.
IOH share price has now slipped back down below my break-even....
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