HCD 0.00% 0.3¢ hydrocarbon dynamics limited

Ann: Cefas Approval Received and North Sea Trial to Commence, page-18

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    A million a month would probably see them making around $10 million net profit after tax with all of the tax credits they have. They've only been raising around $1.5 million per annum. Generate a million a month in revenue and it will likely trade way above10 cents for mine. Plus that would also mean that quite a few deep pocketed chemical companies are slowly but surely losing their turf to HCD which would likely encourage a take over attempt. Now considering that the chairman Mitchel has a blocking stake with around 13%, it would need to be a very good offer.
    Last edited by dcob: 28/08/23
 
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