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Hawsons Iron Ltd ( (AU:HIO) ) has shared an update.
Hawsons Iron Ltd has requested a trading halt on its securities pending an announcement regarding a proposed capital raising. This move is intended to help the company manage its continuous disclosure obligations, with the halt expected to remain until the announcement is made or normal trading resumes on 11 June 2025. The trading halt could impact stakeholders by temporarily affecting the liquidity and trading of Hawsons’ shares, while the capital raising could influence the company’s financial position and strategic initiatives.
More about Hawsons Iron Ltd
Hawsons Iron Ltd is a company operating in the iron industry, focusing on the exploration and development of iron ore projects. The company is primarily involved in producing high-quality iron ore products, catering to the steel manufacturing sector.
Average Trading Volume: 1,858,388
Technical Sentiment Signal: Sell
Current Market Cap: A$25.41M
See more data about HIO stock on TipRanks’ Stock Analysis page.