IOH 0.00% 70.0¢ iron ore holdings limited

My view is...Things are going absolutely perfectly & I'm...

  1. 5,275 Posts.
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    My view is...

    Things are going absolutely perfectly & I'm especially glad the buyback has been turned off, even if it's only temporary. I would rather the SP be determined by Mr Market than by artificial means.

    This stock is now officially a buy IMHO.

    I would be even happier if Fosters have grabbed a brain and step back into the market randomly but at regular intervals to scoop up 100K-200K of stock at around $1.30 or even in the $1.20's because every cent saved is more stock purchased from the $10 million allocated & this increases the value of my stock long term.

    FMG will take up the option at Iron Valley before March next year and I expect Bungaroo will also be commercialised by that time.
 
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