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.
- Forums
- ASX - By Stock
- HYD
- Price
Price, page-5
-
-
- There are more pages in this discussion • 6 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 HYD (ASX) to my watchlist
|
|||||
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($) | Vol. | No. |
---|---|---|
1.4¢ | 160554 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 2014831 | 0.011 |
3 | 622818 | 0.010 |
2 | 105333 | 0.009 |
2 | 190682 | 0.008 |
2 | 964356 | 0.007 |
Price($) | Vol. | No. |
---|---|---|
0.014 | 160554 | 4 |
0.015 | 211149 | 3 |
0.016 | 97844 | 2 |
0.017 | 250000 | 1 |
0.018 | 418098 | 3 |
Last trade - 13.33pm 04/09/2024 (20 minute delay) ? |
Featured News
HYD (ASX) Chart |