This interview proves management is always bullsht!ing. MIO IRR is 13%, that is before the inflation and interest rate increase. the discount rate now will need to be 10% at least if not 12%. MIO IRR now would be less than the discount rate that means negative NPV. Their MD is still saying we are in better position than Hawsons. What a load of rubbish!
Lesson learnt here (for me at least) is never believe the management and board blindly. Always be critical on what they say until it is proven by actual action not only words.
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Last
1.8¢ |
Change
-0.001(5.26%) |
Mkt cap ! $18.29M | |||
| Open | High | Low | Value | Volume |
| 1.9¢ | 1.9¢ | 1.8¢ | $9.55K | 524.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 13 | 1465883 | 1.8¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.9¢ | 818211 | 2 |
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| Last trade - 15.41pm 27/06/2025 (20 minute delay) ? |
| HIO (ASX) Chart |