HYO 0.00% 26.0¢ hyro limited

Nonstop,I hold >260k of these and yes they are pretty...

  1. 336 Posts.
    Nonstop,
    I hold >260k of these and yes they are pretty frustrating.
    There's no excitement here because they are not a resource stock with gold or iron ore mentioned in any write ups.
    I certainly expected better than this as I know something of the IT/computer contract scenario. One of my fears was that they would try and expand too quickly and outstretch themselves with a lowering of quality work ensuing.
    I bought most of mine around 7 cents so am nicely ahead. I do consider this a 'bottom draw' candidate and wait for some of the revenue/expenses to be a bit more apparent and stable before reviewing my options.
    We all know this is a company for the modern world but it is an expensive area for people and hardware but great revenues if they get it right.
    Patience is certainly required and it certainly depends on your investment strategy and/or expectations.

    Good luck

    Fletch
 
watchlist Created with Sketch. Add HYO (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.