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2.2¢ hawsons iron ltd

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420 Posts.

182

19/11/22

16:22

Post #: 64872343
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Originally posted by Somme: ↑

A story and lightbulb moment.

Sometime ago I owned shares in Oxiana that I sold for approx $1.
Some 13 years later BHP has put in a takeover offer for OZL ( Oz minerals ) which was created by merging Oxiana and Zinifex worth $9.6 billion ( $28.25 per share ). if only I had hung on.

Oz Minerals own the Prominent Hill Copper and Gold mine plus another mine in the Gawler Grafton Region.
The main reason that BHP wants OZL is to consolidate ( own) all mines in the Gawler Grafton Region.

What,s this got to do with HIO you may ask.

HIO and MGT cover the Braemar Region in. Magnetite ore.
I envisage that we have our BHP moment, but hopefully it is less than 13 years.

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@Somme

That is a blast from the past with Oxiana ..... some similarities with HIO but we won't ask @redned71 to elaborate on this !?!

I was holding to the end and rolled into Atlas Iron ..... a great company that went from a very decent market cap paying a dividend to be taken out by Gina @ 4.6 cents or $380M ..... last year Atlas Iron contributed $1B in revenue to Hancock Prospecting

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HIO Price at posting: 11.0¢ Sentiment: Buy Disclosure: Held
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0 Great analysis

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(20min delay)
Last 2.2¢		Change 0.000(0.00%)		Mkt cap ! $22.36M

Open	High	Low	Value	Volume
2.3¢	2.5¢	2.2¢	$32.76K	1.397M

Buyers (Bids)

No.	Vol.	Price($)
1	842797	2.2¢

Sellers (Offers)

Price($)	Vol.	No.
2.4¢	345554	1

View Market Depth

No.	Vol.	Price($)
1	842797	0.022
5	544983	0.021
21	4265827	0.020
7	2132683	0.019
5	3270109	0.018

Price($)	Vol.	No.
0.024	345554	1
0.026	912839	3
0.027	9527	1
0.028	30000	1
0.029	360001	3

Last trade - 15.01pm 04/11/2024 (20 minute delay)

HIO (ASX) Chart