"Well done to Bill Votsaris and his team for the excellent work they have done to turn this business around. "
I second this, what an outstanding result.
Hyro is positioning itself to be a very strong company, at present I value the Hyro at $50million or .0778c, this value is based on the probability that the company WILL produce similar results this quarter, although I'm expecting half the operating cashflow, purely for conservative reasons. If the company continues to perform with operating cashflows greater than $500,000 over the next two quarters, my valuation will double.
Ps. 'Throwing cash' or Growing cash regellen??
HYO Price at posting:
1.8¢ Sentiment: LT Buy Disclosure: Held