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1.4¢ hydrix limited

Ann: Business Update, page-13

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Fid

2,303 Posts.

1178

07/04/17

11:01

Post #: 23929446
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Originally posted by milesy ↑

R
Hi Fid

I'm back in them this morning @4.5c.

My initial reaction to the announcement was positive and I was going to take a relatively large stake.

On re-reading it a few time, we definitely seem to still be many months away from prototypes and deals that might involve anyone of money, so the spectre of a CR looms large.

Currently without debt, and with possible commercialisation soon, I'm thinking a CN would provide the less chance for dilution while still giving the financial relief needed.

Anyway....I've got my initial stake and will happily average up each time it is further de-risked. I believe a win with this FS on aircrafts will immediately thrust the business into the spotlight and to circa 10c share price territory.

Best of luck to the long termers.

I've got a 3-6 month target in mind I terms of progress. You know me well enough to know I will dump if expectations are not being met/exceeded.

Milesy

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Milesy
You have shown to anyone paying attention how to be nimble in both buying and selling to your advantage. My only critique is that you could do way better with another candidate but then again better the devil you know..........
Well done and good luck.
Cheers
Fid

PSY Price at posting: 4.4¢ Sentiment: None Disclosure: Not Held
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(20min delay)
Last 1.4¢		Change 0.000(0.00%)		Mkt cap ! $3.559M

Open	High	Low	Value	Volume
1.4¢	1.4¢	1.4¢	$1.494K	106.6K

Buyers (Bids)

No.	Vol.	Price($)
2	840000	1.3¢

Sellers (Offers)

Price($)	Vol.	No.
1.5¢	850000	3

View Market Depth

No.	Vol.	Price($)
2	840000	0.013
2	577399	0.012
1	220000	0.011
2	400000	0.010
1	764356	0.009

Price($)	Vol.	No.
0.015	850000	3
0.016	96720	2
0.017	250000	1
0.018	200000	1
0.019	12500	1

Last trade - 12.29pm 16/07/2024 (20 minute delay)

HYD (ASX) Chart