Stokes is very wealthy, and controls strong business interests.
You do not get into that position without:
1. Identifying great opportunities.
2. Developing those opportunities into valuable operations.
3. Achieving full value (when eventually selling) by negotiating strongly and shrewdly.
Stokes isn't going to give anything away for less than he thinks it's truly worth & he will certainly negotiate far better than most when RIO are at the table.
I'm very, very happy with the current position of IOH and I believe in time Stokes will make a squillion from this and he will drag a few of us little fish along for the ride.
IOH Price at posting:
$1.74 Sentiment: Hold Disclosure: Held