Xmas coming - traders have bills - so IOH have to move it along - to suit us who hold? Even Kerry Stokes can't work miracles overnight.
Those days for most, have gone - the overnight delight in "tuning in" to see a 5% - 10% - or even a huge "ten-bagger" price hike - well, unless you've got boring but rock solid shares in a bullet-proof substantial Portfolio. Or can afford to take risks with monies you can easily dare to risk.
The landscape's changed - you either believe this is a good value stock - which now, IMO, requires a hold pattern and patience, or if you can, a top up) - or you cut your losses and get out and move on to a trading stock you believe may move faster and "do the trick".
Of course we're all disappointed at no movement. Some waiting on the FMG situation to resolve, perhaps? Of course a crystal ball would help. Or we could "phone Twiggy and ask. And yes it is frustrating. Share trading, these days, is now new and unknown territory - but I see this one as excellent value at present.
Just have to wait - and see. I stay very confident with this one. There have been excellent announcements.
Pre-tech crash - now those were the golden days. Little did we know.
IOH Price at posting:
76.0¢ Sentiment: Hold Disclosure: Held
