Wow, I'm gobsmacked at how the SP is holding up despite the woes...

  1. 590 Posts.
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    Wow, I'm gobsmacked at how the SP is holding up despite the woes in China and Germany in particular. There is real support that indicates a transfer of weath between impatient short term holders to patient long term investors - IMHO it would not be doing this unless there were big players who know that they will be handsomely rewarded. The IO market could swing into oversupply but high grade DRI ready magnetite will remain woefully undersupplied for decades. The price of milk gets played with and discounted heavily but cream never loses its value.
 
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(20min delay)
Last
1.8¢
Change
0.000(0.00%)
Mkt cap ! $20.31M
Open High Low Value Volume
1.8¢ 1.8¢ 1.8¢ $41.76K 2.322M

Buyers (Bids)

No. Vol. Price($)
30 8435624 1.7¢
 

Sellers (Offers)

Price($) Vol. No.
1.8¢ 2266598 3
View Market Depth
Last trade - 16.10pm 25/07/2025 (20 minute delay) ?
HIO (ASX) Chart
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