IOH 0.00% 70.0¢ iron ore holdings limited

Dear All,For a while i was thinking that Kerry Stokes may not...

  1. 53 Posts.
    Dear All,

    For a while i was thinking that Kerry Stokes may not actually do the deal with RIO. My mind was changed when Kerry Stokes rapped up his holdings of IOH within the merger with Seven. With Seven being the major shareholder and managed by Kerry Stokes I am more confident that he will sell Iron Valley. If you recall Stokes provided a guarantee on income/profit with the merger of Seven. This money has to come from somewhere and I am a big believer that he needs cash to fund his guarantee.

    Cheers
 
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