I agree, and in fact have to say that I've found the whole Foster's "thing" very open to serious questioning regarding their seemingly sudden back-off down to the Bell Potter SP target-ish position. And that's about all the opinion I'm willing to venture on that issue on these threads!
I continue to hold - this company is one of the "last of the Mohican" three "smaller's" on the Pilbara block to be had - and fully mined - and must be of huge interest and value to someone - if Stokes isn't a miner after all, then along will come "someone" who'll really want it - and who'll pay up substantially accordingly - Stokes always sitting pretty, cards close to his chest. Perhaps he IS a miner at heart. I hope patience will win out in the end. Always darkest before the dawn, don't they say?
They have the goods in the ground, after all. And lots of them.
IOH Price at posting:
93.0¢ Sentiment: Hold Disclosure: Held