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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Last
1.8¢ |
Change
0.001(5.88%) |
Mkt cap ! $20.31M | |||
| Open | High | Low | Value | Volume |
| 1.7¢ | 1.8¢ | 1.7¢ | $30.77K | 1.744M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 18 | 5328778 | 1.7¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.8¢ | 3975815 | 6 |
View Market Depth
| Last trade - 16.21pm 18/07/2025 (20 minute delay) ? |
| HIO (ASX) Chart |