HIO 5.00% 2.1¢ hawsons iron ltd

Price and Chart HIO, page-4377

  1. 374 Posts.
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    I have read all the posts on this and you will all know I am a LT holder and thus the price flucs don't have a huge bearing on my sentiment.

    Having said that, I'm not quite as forgiving as most on the recent delay. The business has been drilling since October so to not have a resource update on the 30/6/22 was disappointing. The quarterly ( 90 days ) leeway for an announcement should have been more than enough time to quantify the results taking into consideration any mitigating circumstances being, covid, rain, clarification of data etc. That is why you have flow charts.

    I work for a top 20 blue chip company and the one thing that our CEO keeps reminding us about is, Shareholders don't like surprises?

    Whilst some will say no surprises here and as a LT holder I accept the explanation, but as LT holders we don't currently have a significant influence on the manipulation currently in play and haven't for some time ( We aren't trading, but 45% of our our stock can be at anyone time). Whilst I don't like it, the day traders don't like the delay and the ramifications are obvious. The issue is when we do get the positive info it will get a kick from these prices ( or lower depending on when ) but not what it should have been at 59 cents.

    The only reason I say this is that on almost every stock I read every comment from LT holders is the stock is always undervalued. If you deliver on what you say you are going to do, the results in SP will follow, if you don't you open yourself up to situations like the ones that are occurring now. We should be in an upward trend to fair value but we are not.

    I will be happy if Bryan has something out by the 15th, but if it is delayed further I will not be as this is the main info we have patiently been waiting on to bring more LT investors to the table. This is the year they need to get everything right, they are the simple facts for a successful company.




 
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Last
2.1¢
Change
0.001(5.00%)
Mkt cap ! $21.34M
Open High Low Value Volume
2.0¢ 2.1¢ 2.0¢ $5.715K 273.5K

Buyers (Bids)

No. Vol. Price($)
8 442359 2.0¢
 

Sellers (Offers)

Price($) Vol. No.
2.1¢ 354626 2
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Last trade - 15.59pm 07/08/2024 (20 minute delay) ?
HIO (ASX) Chart
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