ioh for a buck!, page-16

The SP of IOH is one of the most manipualated I have seen and is grostesquely undervalued (that's an UNDERSTATEMENT).

It also suffers from a lack of liquidity and low volume.

However, IOH with all the proven resource is sticking like a sore thumb ready for consolidation.

Only if the tenements were close to AGO, I am pretty sure there would already be a merger / takeover discussion.

The good thing about stokes holding 51% is that no low ball hostile bid can ever happen. No suitor can sell down the stock ahead of a bid and expect NOT be told to F.O by Stokes.

It's just a matter of time before either FMG or RIO pounce.

Perhaps it will be worth more once Anketell is build and we get some port allocations.