Hey Pete. The MC of HIO is $143M. They have 33M in the bank, so EV of $110M.
With mind numbing NPV figures of 5BN to 12BN (depending on what scenario you take) - I'm happy to go out on a limb and say very little is factored into the share price. Hopefully what we are seeing now is a sustained rerate and not just an increase based on increasing iron ore prices.
Should be some news around the corner as well, offtakes etc.
Price and Chart HIO, page-264
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Last
2.6¢ |
Change
-0.001(3.70%) |
Mkt cap ! $26.42M | |||
| Open | High | Low | Value | Volume |
| 2.7¢ | 2.8¢ | 2.6¢ | $24.84K | 927.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 185242 | 2.6¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.7¢ | 1125000 | 2 |
View Market Depth
| Last trade - 15.59pm 19/07/2024 (20 minute delay) ? |
| HIO (ASX) Chart |