Nice work Tran, that really shows how potentially undervalued HIO are. It'd be interesting to know if the others in your comparrison have reached/completed a BFS. Based on history and annoucements, you'd have to think management are closer to getting an off-take agreement. As you say, that 1st off-take agreement will kick this into another gear.
I'm still of the opinion the BFS funding actually formed part of the potential off-take talks they mentioned in May.
The boker research would also help as you say. It's very disappointing Shaw have not done at least something here and i can't believe as lead managers for the raise, they didn't/haven't (unless i just haven't seen it). Especially given they were the ones to fully underwrite the raise.
MC/NPV perspectives, page-4
Add HIO (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
2.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $20.33M | |||
| Open | High | Low | Value | Volume |
| 2.0¢ | 2.0¢ | 2.0¢ | $7.521K | 376.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 1925907 | 2.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.1¢ | 226400 | 4 |
View Market Depth
| Last trade - 13.18pm 10/09/2024 (20 minute delay) ? |
| HIO (ASX) Chart |