The great thing (or some say bad) about IOH is that it is 51%...

The great thing (or some say bad) about IOH is that it is 51% owned by Stokes (so long as the Stokes are not strapped for cash) and anyone who wants a piece of it must come up with real decent money.

The Chinese nightmares as happened to SDL & BRM holders can never happen here.

The BHP low ball bid and board sell out as per UMC can't happen here.

A hostile bid to scare the crap out of mum and dad holders can't happen here.

No matter if IOH is trading at $1, at the end of the day if the company is succesfully in flogging off the 4 mains assets using the model (as proven succsessfully recently), then it can easily shoot up to $4 - $5 range in a relatively short timeframe.

The stock is guaranteed to be at $4 (even without further JORC upgrades and not taking into account the satellites and coastal deposits) if IV Iron Valley and Bungaroo South
are sold.

I have a feeling that AQA will strike soon. A map tells a thousand words.