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14.3%

2.4¢ hawsons iron ltd

Hey Pete. The MC of HIO is $143M. They have 33M in the bank, so...

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RiskyBusiness

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08/01/22

11:18

Post #: 58722183
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Originally posted by pete11: ↑

with the strong run in the stock price, is it possible, that the resource upgrade and or offtake agreement is already factored into the stock price currently? i have seen heaps of companys where the stock surges BEFORE an announcement, and than when the announcement is released to the market, the stock does nothing and everyone is scratching their head, its because the good news was already factored in with the run up before the anticipated announcement, could this be the case with HIO or absolutely not?
If/when we get the resource upgrade/ offtake agreement, HIO is surely surge again on this news right?

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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.

HIO Price at posting: 20.0¢ Sentiment: None Disclosure: Held
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(20min delay)
Last 2.4¢		Change 0.003(14.3%)		Mkt cap ! $24.39M

Open	High	Low	Value	Volume
2.1¢	2.4¢	2.0¢	$106.2K	5.050M

Buyers (Bids)

No.	Vol.	Price($)
2	456383	2.3¢

Sellers (Offers)

Price($)	Vol.	No.
2.4¢	133900	3

View Market Depth

No.	Vol.	Price($)
2	456383	0.023
3	176000	0.021
5	313490	0.020
9	2575522	0.019
3	242276	0.018

Price($)	Vol.	No.
0.024	133900	3
0.025	283918	3
0.026	150000	1
0.027	321000	4
0.028	38230	2

Last trade - 16.10pm 22/08/2024 (20 minute delay)

HIO (ASX) Chart

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