Nice article, thanks Multani58.
This is a very exciting stock for future wealth creation.
As a new investor to HIO and after reading the PFS I was wondering what had actually happened since the PFS in 2017 till now, but the article sheds some light on this.
I think that fact finder post re BRN that was shared here the other day is true, in that having faith and sticking to a plan is how we create real wealth and not always chasing the next shiney stock on the market.
Current market cap indicates that HIO
still has a few major hurdles to jump
over the next 2 years, but the large instos
normally onboard once a project is further derisked.
A good example for me was KAR becoming an oil producer. It was hovering around 40-50c and heavily shorted for ages all because the market didn't believe the acquisition would go through
and that management had the goods.
It is now close to $2 and glad I still hold it in our SMSF.
I must have bought and sold it 30-40 times outside our SMSF on the way up and lesson learnt is that if I had of just held it all the way I would have made 3 x the net profit taking into account tax considerations.
I won't make the same mistake with HIO.
Hold and Add !!
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Last
2.1¢ |
Change
0.001(5.00%) |
Mkt cap ! $21.34M |
Open | High | Low | Value | Volume |
2.2¢ | 2.2¢ | 2.0¢ | $10.19K | 486.4K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
15 | 3000752 | 2.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
2.2¢ | 343114 | 5 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
15 | 3000752 | 0.020 |
7 | 2215312 | 0.019 |
3 | 250053 | 0.018 |
7 | 3883057 | 0.017 |
3 | 416800 | 0.016 |
Price($) | Vol. | No. |
---|---|---|
0.022 | 343114 | 5 |
0.023 | 278352 | 4 |
0.024 | 481496 | 3 |
0.025 | 653941 | 6 |
0.026 | 700000 | 3 |
Last trade - 15.53pm 05/09/2024 (20 minute delay) ? |
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HIO (ASX) Chart |