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

HIO

Click for more information

4.17%

2.3¢ hawsons iron ltd

Ann: Mineral Resource Upgrade, page-243

First 243 Last

Share
Profile

Follow
myleogb

5,540 Posts.

793

27/07/22

20:30

Post #: 62764000
Share

Originally posted by DD72: ↑

These are just my thoughts only.

I believe there are a number of larger sellers selling for a number of reasons:
1 Current macro environment
2 Possible delays in bfs now that it is at 2 mtpa. I am sure the company is working their butts off and are confident of bfs by years end as going by conversations. However (again imho) the new bfs brings with it new regulatory approvals that need to be granted and may drag out the timeline.
3 Many holders taking profit from 15 cps down to 7cps. These are great returns in any ones language.
4 Some may be unhappy with the wording of the bfs and questioning if/what anyting has changed.
5 The chart looks ugly for those who follow charts.
6 Lda being involved and lack of risk appetite
7 Some expecting to buy in cheaper.

Again all this is imho

Regards

DD

P.S After pouring though the information again during the morning, I too am now sitting in the side lines. Not through anything HIO have done, rather my concern about the way the world is going at the moment and wanting to keep money in cash

Expand

Hope to see you back when the conditions improve, especially the macro environment.

Point 5. Yes the chart looks very ugly and I hate to say that.

HIO Price at posting: 34.5¢ Sentiment: Buy Disclosure: Held
4 Upvote

0 Great analysis

Reply

Top Stories

GTE

Great Western's copper-gold target Rio Tinto found sees rig rumble in

LEG

Legend Mining inks nickel-copper EM targets at Magnus, WA. Diamond drilling is next

EPX

Microcap EP&T Global picks up UK data centre assets through Coda Cloud buy

MHK

Metal Hawk finds quartz vein grading 22g/t, extends initial discovery at WA's Siberian Tiger

MKT

The ASX can overlook its Telecomm small-caps. Here’s one diversified brand with an international footprint

There are more pages in this discussion • 430 more messages in this thread...

First 243 Last

Add HIO (ASX) to my watchlist

(20min delay)
Last 2.3¢		Change -0.001(4.17%)		Mkt cap ! $23.37M

Open	High	Low	Value	Volume
2.5¢	2.5¢	2.3¢	$7.356K	307.5K

Buyers (Bids)

No.	Vol.	Price($)
1	50000	2.2¢

Sellers (Offers)

Price($)	Vol.	No.
2.4¢	192368	1

View Market Depth

No.	Vol.	Price($)
1	50000	0.022
11	867563	0.021
11	3577186	0.020
7	2631683	0.019
3	722276	0.018

Price($)	Vol.	No.
0.024	192368	1
0.025	110571	2
0.026	35000	1
0.027	701353	2
0.028	746290	3

Last trade - 15.53pm 14/10/2024 (20 minute delay)

HIO (ASX) Chart

SPONSORED BY