That's what can happen when an asset goes from a market implied probability of never being developed to 100% chance of being developed . HIO "is" sitting on some 64 billion tonnes of clean Iron Ore.
Granzien has already said the project development is back up an running now that the price pressures are passing , and that getting the mine up and running is again the focus, yet HIO has just continued to sink. I suppose we just have to await the new presentation,
Technicall, still some hope the lows are in, but I'm not buying it till a two day close above 4.0/4.2
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Last
1.8¢ |
Change
-0.002(10.0%) |
Mkt cap ! $18.29M | |||
| Open | High | Low | Value | Volume |
| 2.0¢ | 2.0¢ | 1.8¢ | $19.72K | 1.042M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 137683 | 1.8¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.9¢ | 147500 | 1 |
View Market Depth
| Last trade - 16.10pm 20/06/2025 (20 minute delay) ? |
| HIO (ASX) Chart |