I for one am here for the long term, what is happening at the moment is noise.
The Australian economy has missed the bullet of a recession, due to the pent up demand for goods after covid. Record numbers at AFL Grand Final, lots of people going overseas etc. The low point and maybe a recession will be sometime next year ( mid year ) and then we will take off. Because of this the likes of HIO will not move until then, no matter how much we would like it to. I am keeping some cash till then and will top up.
HIO Price at posting:
36.5¢ Sentiment: Hold Disclosure: Held
