I agree entirely Tran.
And if the big boys (& Gina) did come sniffing around, what would HIO be worth to them?
Well they would not pussyfoot around and would plan on a 25MT operation for sure.
Thats 25 x A$278 less $78 all up costs delivered gives gross revenue of $5B less a very generous $1B corporate and other costs = $4b Net at todays prices. A P/E of 4 = $16 Billion/ 777 HIO shares = $20.
So thats HIO's value to them because they sell it direct, pelletise it or could use it to bring there vast reserves of 58% up to minimum base reference price or sell it direct or mill blending ore - obviously not what they would bid in a takeover unless it unleasehes a war amongst those huge ego's. But whatever a bid, if lobbed, came in at, you can bet your bottom dollar it would be several multiples of todays price in the mere blink of an eye!
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Last
2.2¢ |
Change
-0.001(4.35%) |
Mkt cap ! $22.36M |
Open | High | Low | Value | Volume |
2.3¢ | 2.3¢ | 2.2¢ | $3.701K | 161.9K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 260997 | 2.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
2.3¢ | 21100 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 260997 | 0.022 |
13 | 939039 | 0.021 |
11 | 3577186 | 0.020 |
7 | 2631683 | 0.019 |
3 | 722276 | 0.018 |
Price($) | Vol. | No. |
---|---|---|
0.023 | 21100 | 1 |
0.024 | 192368 | 1 |
0.025 | 111500 | 2 |
0.026 | 35000 | 1 |
0.027 | 701353 | 2 |
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