Australia's largest stock trading and investment forum Australia's #1 stock forum

HIO

Click for more information

3.23%

3.2¢ hawsons iron ltd

Nice level headed perspective

First 421 Last

Share
Profile

Follow
Vfanatix

512 Posts.

92

19/10/22

11:21

Post #: 64274422
Share

Originally posted by johntie: ↑

Agree that their will be a capital raise, 5cents im not so sure, in the resolution that is put forward in the AGM it states 75% of the average vwap over a certain period of time, so if our bottom is approx 10cents maybe a raise at 7.5 with free options. there may be a portion of the raise set out to retail or remaining shareholders but the share price usually drops to the capital raise price anyway. so i have sold half my holding ready to top up if this happens.

The PFS had 10MT on existing infastructure on road and rail with a capex of approx 1.4 bill in 2017 in todays money thats probably 2 bill, i think they may go for a 5MT - 7MT option and it may stay at 1.4bill, which when the market turns and capital markets are more confident i think this will again take off. IMO

lets not forget those stats were done in 2017 and they had nealy 900million in profit at just over $60 iron ore price.

Expand

Nice level headed perspective

HIO Price at posting: 11.0¢ Sentiment: None Disclosure: Held
6 Upvote

0 Great analysis

Reply

There are more pages in this discussion • 60 more messages in this thread...

First 421 Last

Add HIO (ASX) to my watchlist

(20min delay)
Last 3.2¢		Change 0.001(3.23%)		Mkt cap ! $31.31M

Open	High	Low	Value	Volume
3.2¢	3.2¢	3.0¢	$157.0K	5.004M

Buyers (Bids)

No.	Vol.	Price($)
3	394019	3.1¢

Sellers (Offers)

Price($)	Vol.	No.
3.2¢	441587	39

View Market Depth

No.	Vol.	Price($)
3	394019	0.031
23	1633705	0.030
8	1020766	0.029
4	627000	0.028
4	76742	0.027

Price($)	Vol.	No.
0.032	441587	39
0.033	2522121	7
0.034	643206	2
0.035	148430	3
0.037	695030	4

Last trade - 16.10pm 06/05/2024 (20 minute delay)


Last 3.2¢			Change 0.001 ( 0.00 %)
Open	High		Low	Volume
3.1¢	3.2¢		3.0¢	2451057
Last updated 14.33pm 06/05/2024 ?

HIO (ASX) Chart

SPONSORED BY