The price of FMG has been factored in the green energy of their hydrogen operation. However, it is worth noticing the price of MGU aka green steel (PIG) producer rising over the last few days too.
P.S. MGU has its operation in the US, the infrastructure bill could also be a positive impact on its pricing.
I think HIO is currently on the right approach to change the narrative about their business to a green steel producer. There is not so much room to move in the HIO price chart. Classic divergence waiting for a breakout:
There is only limited iron ore (70%) in the world. Steel is needed everyday for buildings, bridges, roads, transportation and automobiles.
- Forums
- ASX - By Stock
- Price and Chart HIO
The price of FMG has been factored in the green energy of their...
-
-
- There are more pages in this discussion • 7,343 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add HIO (ASX) to my watchlist
|
|||||
Last
2.7¢ |
Change
0.001(3.85%) |
Mkt cap ! $27.24M |
Open | High | Low | Value | Volume |
2.6¢ | 2.7¢ | 2.6¢ | $8.064K | 301.9K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
11 | 1187355 | 2.6¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
2.7¢ | 218951 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
11 | 1187355 | 0.026 |
8 | 689440 | 0.025 |
5 | 697707 | 0.024 |
6 | 959758 | 0.023 |
2 | 130000 | 0.022 |
Price($) | Vol. | No. |
---|---|---|
0.027 | 218951 | 1 |
0.028 | 1867219 | 4 |
0.029 | 1143774 | 5 |
0.030 | 275613 | 4 |
0.031 | 234500 | 1 |
Last trade - 15.19pm 11/07/2024 (20 minute delay) ? |
Featured News
HIO (ASX) Chart |