the truth is MIO was last bought in solid volume in early Feb with plus 3m shares over a couple of days, subsequently 1m shares were immediately sold off. Nothing of note since.
No biblical scale rat stampede.
This is a lightly traded stock that is susceptible to swings.
My read of the current situation is:
- management are either being proactive to enter the market/s while commodity demand and prices are high.
- or, there has been a stumbling block with the feasibility study and management have (in the name of progress) actioned other plans due to the delay.
- as per Glencore, how many iron ore plays are better placed to enter the market? In simplistic sense.
I welcome your criticism.
the truth is MIO was last bought in solid volume in early Feb...
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Last
1.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $2.994M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 174000 | 1.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.8¢ | 15000 | 1 |
View Market Depth
| Last trade - 16.12pm 18/06/2025 (20 minute delay) ? |
| MIO (ASX) Chart |
Day chart unavailable