Up 11.25% today 0.089c at close according to Commsec.
Volume, that most important of indicators--up at levels not seen for over 2 months. However, while the volume is up, the trade size in $ not especially outstanding-250 trades for $645,655.00 (average trade $2,583.00--only about 20 or so around the 10,000 mark) .
So, I wont say its just kids playing with their lunch money which I thought it was looking like for the last couple of meaningless (volume wise) months ,but Id like to see a few more big orders going through. Those with broker software links might be able to expand on this point..quite possible that there are a lot of substantial orders broken up into little parcels. Iron ore seems to be holding on for now--Shaws have a "short term trade opportunity " on FMG right now. They said that IO price will be the main mover of HIO a while back when I asked the question.
Still, IMHO....something is afoot...and still good buying at these levels
I'll be in "The Hill" in late January for family reasons for a few weeks---will be quietly checking out "our Company" while there..
HIO Price at posting:
8.9¢ Sentiment: Buy Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)