HIO 4.00% 2.6¢ hawsons iron ltd

Price and Chart HIO, page-253

  1. 1,461 Posts.
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    I think we would have been much higher already after the ADL deal if Regal hadn't dumped 24million shares that day. Essential we are now seeing the delayed gains from that fantastic deal.
    And with that deal the much increased probability that HIO will achieve the goals it set out for itself and reach a market cap and share price many many multiples from the current price.

    It's possible Regal dumps it down one more time but who knows if or when they might do that? It's equally possible they just slowly feed the remainder of their shares to the market. R
    Either way we will either quickly rebound or continue to appreciate in value from here on in my opinion. I wouldn't take the risk of trading them, you might see the boat leaving the harbor without you, and with it a different live...
 
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