I'm at a bit of a loss with this, it is true that the first and fourth quarters of the calendar year for HYO's industry are very quiet, but I would have thought that management would have 'Managed' it a little better.
Looking at further excuses they could be gearing up for the Government jobs coming through which should be big money earners.
The three good points that can be taken from the last month or so is the new creative director, Director Richard Lord buying on market (even though it was only just over $1,000) and The Buzz.
Oh and it's good to see some of the money from Synergy sale turn up, there's still around $1.6mill to come from the initial payment.
also, on the 16.02.2009 they released a market update, I wonder if they will do the same this year before the Preliminary Final Report Year Ended 31 Dec 2009 at the end of this month.
One more thing, here is an extract from Hyro's blog on Simon Bloomfield: "Simon joins us at a time when Hyro is expanding on many fronts", expanding on many fronts?? Just talk? Time will tell......
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HYO Price at posting:
1.2¢ Sentiment: Hold Disclosure: Held