TFG, I've been using charts "significantly" for trading/investing over the last almost 50 years now (sadly yes, I'm that old) , and I nearly always use TA and FA together to make a move in or out.. I find the visuals and my track record of the TA a great help and the tea leaves have kept me in or out to my advantage many many times.
However--the HIO charts now are completely and utterly meaningless with the microscopic volumes traded--imo unless we are seeing a minimum 20 to 30 million shares traded a week the best thing to do with your tea leaves is tip them into your pot-plants--you'll get a better and faster result..
I went to the "keep the dream alive " special General Meeting in Brisbane a couple of months ago. I can only hope the new blood on the board which seems to have a better mining( i.e.-Real Mining)pedigree than the previous team - are actually still committed to starting a mine at some level , as they said.
The recent Broken Hill radio interview with Tom --the link is here on HC somewhere--seemed a lot more honest-from memory, he mentioned 2029!!!! as the year of first production--still more real in hindsight than the mid 2024 production "schedule " produced by BG and crew..
Unless there's some substantial , believable, achievable announcements at next months AGM then I'm afraid I will become even more cynical--and looking back over the years of playing in the markets--if I had been a lot more cynical a lot more often with penny stocks, I would have made a lot more money .....
So I wont be bothering to check on HIO at all until that meeting , unless there's some big unexplained moves (volume!!) in the meantime.
Cheers
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Last
2.4¢ |
Change
0.001(4.35%) |
Mkt cap ! $24.39M |
Open | High | Low | Value | Volume |
2.2¢ | 2.4¢ | 2.2¢ | $5.843K | 247.3K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 21740 | 2.3¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
2.6¢ | 185000 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 21740 | 0.023 |
2 | 75363 | 0.022 |
10 | 792563 | 0.021 |
12 | 3652186 | 0.020 |
9 | 2886946 | 0.019 |
Price($) | Vol. | No. |
---|---|---|
0.026 | 185000 | 2 |
0.027 | 691826 | 1 |
0.028 | 746290 | 3 |
0.029 | 456257 | 3 |
0.030 | 261358 | 2 |
Last trade - 15.05pm 11/10/2024 (20 minute delay) ? |
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