IOH 0.00% 70.0¢ iron ore holdings limited

Hi Doc, good find. What is even better is Stokes own more than...

  1. 10,494 Posts.
    Hi Doc, good find.

    What is even better is Stokes own more than half the company.

    Unlike with AQA, Baosteel can't go hostile to shareholders with a low ball and then (what appeared) subtly threatened (via the media quoting an industry figure who wanted to remain anonymous) AQA and Minres that China would take a very dim view - boycott IO offtake and that Minres would be barred from any role to play in the WPIOP future if Baosteel's attempt to takeover AQA was frustrated.
 
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