HYD 0.00% 1.1¢ hydrix limited

Ann: Appendix 4C - quarterly, page-20

  1. 4,995 Posts.
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    It's certainly interesting. Not huge volume but someone is buying, as we approach cashflow positive/break even and continue to have year on year growth. Then any breakthrough in tech will be a bonus.

    It seems like the original owner of Hydrix just wants to get out at any cost. Too bad shares were placed in escrow while the SP deteriorated. Maybe now that his last 25m shares gets allocated and purchased by institutional investors, the SP can grow with confidence that there will be no more dumping/selling.

    Being cashflow positive will also help that confidence knowing that we won't need to CR to survive.
 
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