Hey there Pete,
40% in 3 days is very attractive. Congratulations.
Personally I think HIO has way, way more to give.
All depends on if you need the money now(CGT payable) or if you have the nerve to hold for 12 months where I believe the SP will be $0.40 to $0.80 at least, imo! Possibly closer to a dollar as referred to by some of our more prominent posters. All depends on results of BFS including expansion of resource from current drilling, offtake or JV agreements or other financing agreements.
I guess you need to believe in the fact that HIO has a very unique magnetite deposit that is very rare and quite possibly one of the best magnetite deposits in the world. Sooner or later it will be recognized and elevate from a small cap to a producer.
It's your decision but as long as you don't spend your future looking back on the one that got away as I have done a on a few in the past.
AIMO. Best of luck.
Price and Chart HIO, page-119
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Last
2.8¢ |
Change
0.001(3.70%) |
Mkt cap ! $28.25M | |||
| Open | High | Low | Value | Volume |
| 2.7¢ | 2.8¢ | 2.7¢ | $80.36K | 2.943M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 981370 | 2.7¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.9¢ | 1194560 | 6 |
View Market Depth
| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| HIO (ASX) Chart |