HIO 3.70% 2.8¢ hawsons iron ltd

What an inspiring share offer. There we were locked at 3.3c and...

  1. 679 Posts.
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    What an inspiring share offer. There we were locked at 3.3c and awaiting with baited breath an announcement to lift us onwards and upwards - the first was the shallow boreholes - totally fizzed - up and down as if it never happened: then this one; wowsers, an announcement worthy to save the planet - not just HIO LTH.

    Away she went - holy toledo Batman, did you see it rise? But there was BG waiting with finger on the "suspend" button just in case that nasty market did not believe us - and it didn't. Friday and the price was at close down like a lead ballon and BG caught it at 3.8. No market average here. That close is as good as we can lock in at and will just have to do eh? Do not want an issue at 3.3 - less discount after those wonderful market sensitive announcements ( just check how good by reviewing the HC chat) , so 3.8 will have to do. Lucky eh?

    Now what happens if we do fluke a mug investor for the BFS? Well there are no mug investors for that sort of thing so they will want their pound of flesh and that is essentially the whole company. So we need $30m at least for the BFS and that's about our MC so I am tipping they will take half the company for the BFS funding and the rest of the company to fund development and we will get nothing more than what Paddy shot at - the market average this last month.

    So what will we get for our current 3.3c shares? Oh, about that.
 
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Last
2.8¢
Change
0.001(3.70%)
Mkt cap ! $28.25M
Open High Low Value Volume
2.7¢ 2.8¢ 2.7¢ $80.36K 2.943M

Buyers (Bids)

No. Vol. Price($)
6 981370 2.7¢
 

Sellers (Offers)

Price($) Vol. No.
2.9¢ 1194560 6
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Last trade - 16.10pm 28/06/2024 (20 minute delay) ?
HIO (ASX) Chart
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