The lack of updates regarding the strategic investor process is concerning. It was announced in mid-April this year that the strategic investor process was aimed for completion within "the next few months".
That promising announcement was quickly followed by a capital raising.
It's now been close to 7 months without an update regarding strategic investors. Some personnel and roles have changed in that time but it would be nice to see management provide an update to honour statements made in those previous announcements.
Otherwise, the market may assume the lack of updates regarding strategic investors is the 'update'.
The lack of updates regarding the strategic investor process is...
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Last
1.8¢ |
Change
-0.002(10.0%) |
Mkt cap ! $18.29M | |||
| Open | High | Low | Value | Volume |
| 2.0¢ | 2.0¢ | 1.8¢ | $19.72K | 1.042M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 137683 | 1.8¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.9¢ | 147500 | 1 |
View Market Depth
| Last trade - 16.10pm 20/06/2025 (20 minute delay) ? |
| HIO (ASX) Chart |