HIO 14.3% 2.4¢ hawsons iron ltd

Ann: HIO Strategic Review announcement, page-75

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    I’ve been out since the change in strategy some time ago and I made that known at the time, but I still monitor HIO as I believe it’s has plenty going for it. Management is NOT something it has going for it. All I would say is be careful where you invest your money if you do not trust managements transparency and decision making. This is unfortunately another disappointing piece of news. It simply does not make sense and is contradictory to many prior announcements… There will be capital raise after capital raise. So much dilution. And then tax loss selling between apr-june. Good luck if you continue to hold.
 
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