I think the Hydrix has been 70% reverse takeover and 30%...

I think the Hydrix has been 70% reverse takeover and 30% synergy.

"Now dollars , nil.
Near dollars , nil.
Far dollars , maybe."

Not quite true, Hydrix is a cashflow positive business, so they are earning them dollars, except PSY is draining it. With global clients and being accessible by the Australian Defense Force and other government departments, a couple of big contracts will change the bottom line of the combined PSY group.

They must have found flaws in the P3 during testing, therefore developing a P4 now. But I'm pretty confident they will get something out of it at the end, due to Hydrix's track records in bring ideas to life and to commercialise it.

If this mechanical heart turns out to be a success, it can/will save millions of lives every year. That itself is investment worthy IMO.

In all honesty, am I disappointed that this P3 still haven't brought in a dollar? Yes. But I now feel much more comfortable to be owning a much more diversed PSY group, that includes Hydrix - who is capable of making big money and has potential to make a different in the world.

P.S Good to be seeing company updates every so often.