Thx for you last post "Rob Clarke" post too tci... adds at least something to our trust of HYRO!
Interesting quote.
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As for new jobs... just posting the finds - as it shows the company is alive and well (even though they seem a little quiet!).
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As for the future HYRO, I'm thinking....
Even if ownership transfers to foreign hands - they cannot just drop masses of staff (if they want it to contyinue in OZ).
The staff are the company - the "go between's" that work along with HYRO's customers.
HYRO is not just a company that spits out PC coding - something that may be able to be outsourced offshore without too much trouble. HYRO do the whole design/security packages etc for customers - something that requires local knowledge and relationships to be built.
If the new prospective owner wants the business to remain and grow in Australia - they will need to keep things similar - at least for a while one would imagine.
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Hoping you 1 week estimate is close tci.
Suspense is killing me! Want to see a buy-out figure.
bsh
HYO Price at posting:
57.0¢ Sentiment: Hold Disclosure: Held