IOH iron ore holdings limited

it's a great cr, page-7

  1. 7,247 Posts.
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    Hmmmm... Not everyone in the camp is happy...

    And why would we be?

    1yr return on IOH shares is -34% despite continued exploration success and the RIO disappointment being far behind us now. We've had a lack of progress on the commercial front for too long, and not a sniff of a strategy until (surprise surprise) a few weeks before capital raising we get some powerpoint slides and a time-line.

    Run a line through the sector and look at the five year returns for our peers, we have been left in the dust. Our neighbours BRM are +2732% for five years... You might think that's an extreme example but AGO +800%, even MMX with all their problems have outperformed us.

    Loyal shareholders are simply being reamed sitting in this stock expecting something resembling the progress of our peers.
 
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