HYD 5.26% 1.8¢ hydrix limited

Either you believe or !

  1. 1,379 Posts.
    lightbulb Created with Sketch. 52
    We have seen our fair share of sceptical posters here (being kind) and I guess the only thing anyone has to ask themselves is do they believe or not ?

    On the Pro side we have a management team that have made unambiguous  statements about what lies ahead for PSY in 2015.

    They say:
    We will have revenue
    We are in discussions with many parties over licensing and commercialisation
    We will be providing a steady stream of announcements next year detailing the progress of deals/commercialisation

    They have said:
    We have tested the science and have validated their theories and they now have a device that can detect an array of chemicals etc and extremely low concentrations
    We have employed 2 new staff to accelerate commercialisation
    We have a working prototype that has been confirmed by CSIRO for Benzene/Toluene detection

    They have
    7 Million in the bank after late last years CR on the grounds on product comercialisation

    So...either don't believe or you do not...If I was going to make an elaborate lie that involved a prestigious University and their research centre and go to the trouble of ruining my reputation (Terry Walsh CISCO) and undermine future research grants at UWA and the team who works there. Then I would have a fair set between my legs !

    If I felt at anytime this would fall into a heap....I would be very cautious about the statements I made, the money I spent and employing new people to do the deals/commercialisation work.

    So you if you don't think it is going to happen ...then fine...no one is holding a gun to your head and forcing you to buy.  We are all adults and we make mistakes but we are all responsible for our own decisions and where we invest our money...if we are mad...then so be it...

    If I am Mad then PSY and Terry must be absolute fruit loops to say and do what they are doing if there are some very real risks!
 
watchlist Created with Sketch. Add HYD (ASX) to my watchlist
(20min delay)
Last
1.8¢
Change
-0.001(5.26%)
Mkt cap ! $4.576M
Open High Low Value Volume
1.9¢ 1.9¢ 1.8¢ $1.794K 98.79K

Buyers (Bids)

No. Vol. Price($)
1 11855 1.9¢
 

Sellers (Offers)

Price($) Vol. No.
2.0¢ 109510 1
View Market Depth
Last trade - 11.49am 28/03/2024 (20 minute delay) ?
Last
1.9¢
  Change
-0.001 ( 0.00 %)
Open High Low Volume
1.8¢ 1.9¢ 1.8¢ 131745
Last updated 11.54am 28/03/2024 ?
HYD (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.