IOH 0.00% 70.0¢ iron ore holdings limited

Only way i can see this happening is if Stokes buys out the...

  1. 2,462 Posts.
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    Only way i can see this happening is if Stokes buys out the other half of the company and takes it private.

    He would face an upright battle unless it was a knockout offer because shareholders would reject the proposal as an opportunistic bid.

    In realtiy once we start mining, and we get hopefully a financing decision on Bucklands, I cant see us trading at this levels and the market will be forced to value the income stream and not value us on a ridiculously small $/tonne of resource basis.
 
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Currently unlisted public company.

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