How can you compare hio to fmg. Totally different. Hio is a very small iron ore explorer. Fmg in 2004, had set up the biggest tennament package in the Pilbara, securing any tennanment rio or bhp gave up. The asset base was there. Fmg wasn't trying to reinvent the wheel like hio is doing by using very low grade ore and putting it through a benefication plant. Fmg was going to dig up hermitite ore, and sell it to China. The demand from China was going to be huge, because chinas domestic iron ore was expensive magnitite ore, which fmg could beat with its cheaper hermitite ore.
fmg had plenty of corporate backers. Hio has regal who are selling for a really small profit. With 80% of the register are retailers. What a difference. I'm amazing your not embarrassed trying to compare hio to fmg
How can you compare hio to fmg. Totally different. Hio is a very...
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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 |
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| Last trade - 16.10pm 06/05/2024 (20 minute delay) ? |
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Last
3.2¢ |
Change
0.001 ( 0.00 %) |
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| Open | High | Low | Volume | ||
| 3.1¢ | 3.2¢ | 3.0¢ | 2451057 | ||
| Last updated 14.33pm 06/05/2024 ? | |||||
| HIO (ASX) Chart |