Australia's largest stock trading and investment forum Australia's #1 stock forum

HIO

Click for more information

3.45%

2.8¢ hawsons iron ltd

General Industry News, page-124

First 124 Last

Share
Profile

Follow
Claydoctor

84 Posts.

13

27/03/24

20:20

Post #: 73091317
Share

Originally posted by Motors: ↑

I'm repeating myself, but that's the problem with listed assets like this, HIO "is" actually sitting on an enormous discovered ore resource, 64 billion tonnes+ at last investor pack . But chances of it ever being monetised move around between zero and 10% chance. During COVID the low cost of capital made the odds were higher than zero, but with cost of capital back to normal market is saying close to zero chance . ie: these vehicles with a discovered resource can really swing around based on cost of capital. RBA cutting rates might help HIO recover a tad, but when is that going to be...

MGT has good leadership, HIO has next to none, but both are trading at shell, so that's not HIOs problem . I suppose the mkt is clearly saying you don't need to be in vehicles like this until rates head lower. It's as simple as that

Expand

son , you have done a gev and gone down with the ship old mate your furloughs off break even on a Chinese
paul Newman raid , or jack burturn lost Mac truck job take your pic….. one more five o’clock penny duster due to take up the lithium flag.

Last edited by Claydoctor: 27/03/24

HIO Price at posting: 3.3¢ Sentiment: None Disclosure: Not Held
Upvote

0 Great analysis

Reply

There are more pages in this discussion • 41 more messages in this thread...

First 124 Last

Add HIO (ASX) to my watchlist

(20min delay)
Last 2.8¢		Change -0.001(3.45%)		Mkt cap ! $28.25M

Open	High	Low	Value	Volume
2.9¢	3.0¢	2.8¢	$131.6K	4.590M

Buyers (Bids)

No.	Vol.	Price($)
4	647470	2.8¢

Sellers (Offers)

Price($)	Vol.	No.
2.9¢	510526	2

View Market Depth

No.	Vol.	Price($)
4	647470	0.028
7	1276793	0.027
6	376655	0.026
9	375039	0.025
3	1450000	0.024

Price($)	Vol.	No.
0.029	510526	2
0.030	715789	9
0.031	3781023	6
0.032	940108	6
0.033	675464	5

Last trade - 16.10pm 11/06/2024 (20 minute delay)


Last 2.8¢			Change -0.001 ( 3.45 %)
Open	High		Low	Volume
2.9¢	2.9¢		2.8¢	1947717
Last updated 14.35pm 11/06/2024 ?

HIO (ASX) Chart