I’m trying to understand how the stock market works and what drives prices up and down.
i would love someone to give an explanation as to why HIO has dropped as much as it has.
From what I can see there has been no capital raising since the May ATH of $1.08 so there no dilution.
Is the drop just macroeconomics(covid, inflation, Ukraine) and nothing investors should be worried about?
Or is this significant drop due to the internals within HIO?
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- All time high $1.08 drop to 32 cents
I’m trying to understand how the stock market works and what...
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Last
2.5¢ |
Change
-0.002(7.41%) |
Mkt cap ! $25.22M |
Open | High | Low | Value | Volume |
2.6¢ | 2.7¢ | 2.5¢ | $64.64K | 2.542M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
8 | 903881 | 2.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
2.6¢ | 50000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
8 | 903881 | 0.025 |
4 | 467707 | 0.024 |
6 | 873279 | 0.023 |
5 | 310499 | 0.022 |
2 | 2904761 | 0.021 |
Price($) | Vol. | No. |
---|---|---|
0.026 | 50000 | 1 |
0.027 | 409204 | 3 |
0.028 | 1078709 | 3 |
0.029 | 1125374 | 4 |
0.030 | 290613 | 5 |
Last trade - 11.52am 17/07/2024 (20 minute delay) ? |
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HIO (ASX) Chart |