HYD 0.00% 1.4¢ hydrix limited

So now the board has no personal incentive, no desire and no...

  1. 1,744 Posts.
    So now the board has no personal incentive, no desire and no hunger to drive the SP to those levels, disappointing.
    PSY's sitting on technology that is cutting edge but with the pace of scientific and academic research worldwide, this management seem incapable of achieving that commercialisation, nor applying the urgency the technology and shareholders deserve. Not talking about rushing things, they've had years already. Even from another angle, let's say a takeover, apart from IP, PSY doesn't look like a compelling case. One positive I see with UWA's involvement at least there may be more focus on the PSY prototype development in light of the resources downturn as they look to exploit other opportunities and markets.

    Will keep watching closely from the sidelines for a change in the board, a significant one is required and ideally before the AGM to turn this ship back onto course.

    Someone mentioned 4c, well I vividly remember the strong support at that level 4-4.3c, still the biggest opportunity I let slip, I hope for all holders it goes up not down but with personal circumstances dictating my position, I had to sell a few months ago, doesn't hurt to keep an eye out though.
    gltah.
 
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