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4.55%

2.1¢ hawsons iron ltd

son , you have done a gev and gone down with the ship old mate...

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Claydoctor

84 Posts.

13

27/03/24

20:20

Post #: 73091317
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Originally posted by Motors: ↑

I'm repeating myself, but that's the problem with listed assets like this, HIO "is" actually sitting on an enormous discovered ore resource, 64 billion tonnes+ at last investor pack . But chances of it ever being monetised move around between zero and 10% chance. During COVID the low cost of capital made the odds were higher than zero, but with cost of capital back to normal market is saying close to zero chance . ie: these vehicles with a discovered resource can really swing around based on cost of capital. RBA cutting rates might help HIO recover a tad, but when is that going to be...

MGT has good leadership, HIO has next to none, but both are trading at shell, so that's not HIOs problem . I suppose the mkt is clearly saying you don't need to be in vehicles like this until rates head lower. It's as simple as that

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son , you have done a gev and gone down with the ship old mate your furloughs off break even on a Chinese
paul Newman raid , or jack burturn lost Mac truck job take your pic….. one more five o’clock penny duster due to take up the lithium flag.

Last edited by Claydoctor: 27/03/24

HIO Price at posting: 3.3¢ Sentiment: None Disclosure: Not Held
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(20min delay)
Last 2.1¢		Change -0.001(4.55%)		Mkt cap ! $21.34M

Open	High	Low	Value	Volume
2.2¢	2.2¢	2.1¢	$10.40K	485.2K

Buyers (Bids)

No.	Vol.	Price($)
2	166309	2.1¢

Sellers (Offers)

Price($)	Vol.	No.
2.2¢	85963	2

View Market Depth

No.	Vol.	Price($)
2	166309	0.021
19	4104585	0.020
5	1579183	0.019
5	3317276	0.018
3	138881	0.017

Price($)	Vol.	No.
0.022	85963	2
0.023	230000	2
0.024	514646	7
0.025	113000	2
0.026	316549	2

Last trade - 15.12pm 28/10/2024 (20 minute delay)

HIO (ASX) Chart