HIO 7.41% 2.5¢ hawsons iron ltd

So (correct me if I'm wrong) a massive stroke of luck that...

  1. 89 Posts.
    lightbulb Created with Sketch. 26
    So (correct me if I'm wrong) a massive stroke of luck that ASI went into liquidation as that forced them out- no more power play games now and 95% Australian owned?
    Also, AGO (atlas iron, who held a stake in HIO but have long since sold etc) was brought later for pennies by Gina Rhinehart - around November last year she has invested in/with LCY and HAW which are also magnetite focused.
    I think it's safe to deduce that these people are not billionaires because they're slow- they have their finger on the pulse and would absolutely be keeping an eye on HIO. No doubt their teams of accountants etc will be hoovering up every bit of detail as it comes out- the BFS being the main piece of the financial puzzle.
    exciting times!
    thanks for the write up Slider!
 
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