HYD 8.33% 1.1¢ hydrix limited

Price, page-5

  1. 182 Posts.
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    At the end of the day no one can accurately predict how a businesses share price will perform in the short term. But if you look at the fundamentals you can generally pick winners and in my opinion Hydrix is going to be a winner due to:
    •it having a strong balance sheet
    •having a good opportunity to rapid revenue growth in the coming years with the Guardian System, as well as receiving and increasing revenue from other projects
    •solid management that has been able to deliver results: *Operating revenues grew by 43.6% to $8.19m vs. previous corresponding period
    *Cash operating loss reduced by 84.3% to $0.33m vs. pcp
    *Receipts from customers increased by 81.6% to $9.50m vs. pcp

    So I’m my opinion if your a long term investor like myself then you’ve got to ignore how the share price is performing in times of market uncertainty. But instead look at how the business is actually performing because at the end of the day even if it take some time for the market to catch up, if a business grows and performs well then the share price will go up.
 
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Last
1.1¢
Change
-0.001(8.33%)
Mkt cap ! $2.796M
Open High Low Value Volume
1.2¢ 1.2¢ 1.1¢ $591 49.64K

Buyers (Bids)

No. Vol. Price($)
4 2014831 1.1¢
 

Sellers (Offers)

Price($) Vol. No.
1.4¢ 160554 4
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Last trade - 13.33pm 04/09/2024 (20 minute delay) ?
HYD (ASX) Chart
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