If HIO ever gets back above 3.3 issue price it will be looking very good on the charts. A breakout coinciding with a major monthly MACD buy signal ..
There has been one big seller the last two month , Morrisons, they've dumped 26 million shares, and looked like they wanted out before FYE. Morrisons haven't sold a single shares since 30 June 2024, just some comsec guys selling in July, probably just seeing better value elsewhere after a particularly brutal tax loss selling season. HIO could be back at 3.3 quite quickly now if it wanted
HIO Price at posting:
2.7¢ Sentiment: Buy Disclosure: Held
