HYD 0.00% 1.2¢ hydrix limited

Ann: Appendix 4C - quarterly, page-29

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  1. 4,517 Posts.
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    Looking back to mid Feb its pretty obvious now that its been a steady accumulation by @Daning
    Seriously mate let them run up for a while.

    Just joking mate, but apart from a couple of large volume days which were not even that big, the sp has been held in check between $0.044 - 05 with just a couple of over runs either side.
    The supply coming in to stop any rally gathering momentum can also be clearly seen.
    There was a 7 day period below $0.044 where vol was relatively low & they were snapped up & probably sold for a quick turnover.
    Todays volume & rise may signal a short term run again for someone to make a dollar but overall I think until we get a deal done the sp will more than likely stay in the same range as the prev 3 months.
    I am not getting excited yet. I want to see it bust through the ML of the blue fork with decent volume & maybe a wide spread bar or two. I havnt run my volume anaylsis for a week or so but will check it out.
    All in all I think we are in a good place now & just need to hear some good news, even a rumour or two would be nice.

    PSY 1 May.png
 
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