Well the hematite has been dragging on for years without any...

First 7 Last

Share
Profile

Follow
OGrady

265 Posts.

11

01/05/21

03:36

Post #: 52862405
Share

Originally posted by Elli: ↑

only few trades with big parcel in last few days, either people who hold it for more than a year at low price taking profit or the ones who bought in last few months ago anticipating big announcements and make quick $$$ are selling imo. Fundamentals are strong only thing is missing is no dates on completions of key milestones are missing in last few company announcements that is making SHs impatience, I am holding shares now more than year and always believed this will be 2-3 years investment so not bothered about depressed SP until something fundamentally changes. Price of iron ore is all time high, Hemetite asset announcement should not be far away, spin off of assets other than iron ore into new company will be announced in next month or so imo, along with more updates on BFS of Lake Giles project. I believe by end of June we will have good progress on all the fronts ands SP will recover substantially imo.

Expand

Well the hematite has been dragging on for years without any traction.
My issue today is how many times management has said hematite news soon or shortly....Not good press imo
Our share price is going the other way and we still waiting for the delayed BFS????
The timeless spin-out was a non event & how much longer do we waiting on promise share holder value with non iron ore tenement..
Maybe there is a very good reason but time is going by & still we have MOU with port.

Still holding impatiently

MIO Price at posting: 45.0¢ Sentiment: Hold Disclosure: Held
2 Upvote

0 Great analysis

Reply

Top Stories

MEM

Many are concerned about global falling birthrates. This diverse stock has solutions

VBX Ltd jumps 15% on ASX debut as newest Oz bauxite player

ASX Market Close: Bourse spins in circles as Israel-Iran conflict weighs | June 17, 2025

Listen: HotCopper Wire Podcast 013 - They changed the IPO rules (and that's a good thing)

RCE

Recce locks in $30M to boost commercialisation across ASEAN region

First 7 Last

Add to My Watchlist

What is My Watchlist?

A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

(20min delay)
Last 1.5¢		Change 0.000(0.00%)		Mkt cap ! $2.994M

Open	High	Low	Value	Volume
1.5¢	1.5¢	1.5¢	$390	26K

Buyers (Bids)

No.	Vol.	Price($)
1	174000	1.5¢

Sellers (Offers)

Price($)	Vol.	No.
1.8¢	15000	1

View Market Depth

No.	Vol.	Price($)
1	174000	0.015
1	100000	0.014
1	100000	0.013
1	250000	0.012
1	333333	0.009

Price($)	Vol.	No.
0.018	15000	1
0.025	3600	1
0.000	0	0
0.000	0	0
0.000	0	0

Last trade - 10.04am 17/06/2025 (20 minute delay)

MIO (ASX) Chart

Well the hematite has been dragging on for years without any...

Many are concerned about global falling birthrates. This diverse stock has solutions

VBX Ltd jumps 15% on ASX debut as newest Oz bauxite player

ASX Market Close: Bourse spins in circles as Israel-Iran conflict weighs | June 17, 2025

Listen: HotCopper Wire Podcast 013 - They changed the IPO rules (and that's a good thing)

Recce locks in $30M to boost commercialisation across ASEAN region

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News

Well the hematite has been dragging on for years without any...

Top Stories

Many are concerned about global falling birthrates. This diverse stock has solutions

VBX Ltd jumps 15% on ASX debut as newest Oz bauxite player

ASX Market Close: Bourse spins in circles as Israel-Iran conflict weighs | June 17, 2025

Listen: HotCopper Wire Podcast 013 - They changed the IPO rules (and that's a good thing)

Recce locks in $30M to boost commercialisation across ASEAN region

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News