Exactly, everyone still holding from 13/05/21 is now at a loss.
Eventually the supply will dry up and that is when you add to positions.
Knowing the metrics and fundamental value this offers, for a BFS due for completion in 15 months adds confidence.
From a pure technical perspective I would not add, but from a fundamental view the project is the cheapest out there by a long far%ing way.
So, I'll be waiting to see demand then adding.
Remember bottom fishing is fraught with hazard as just witnessed when we all thought 0.10 was cheap.
Price and Chart HIO, page-20
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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 |