Don't think Kerry Stokes would be heading up and staying in anything not going to turn out well - for his own sake, if nothing else.
he's staying with it - and it's the whole negative world scene, plus the dratted uncertainties of the mining tax rob the rich to pay the poor rort here - which impost, although not working, is still casting huge negativity over the whole mining scene..
But the goodies are in the ground - haven't flown away.
My opinion anyway - so I'm sticking to it. Yes, I wish I'd sold at $2.70 (pre. mining tax eve!) but I didn't. So just have to sit back and be patient, and trust in the assumed high integrity of this company's management - that they are, in fact, looking out for their shareholders best interests at all times..
Very hard for we the little shareholders to second guess what's really going on in the high echelons of closed and private boardrooms. Let's hope it's all done with an eye to all our advantages. Eh, Mr. Stokes? Don't forget those who support you.
Just my opinion. No agenda here.
IOH Price at posting:
77.0¢ Sentiment: Hold Disclosure: Held