31 January 2015

Verification cheers Hydrodec

12/09/2008 Robert Tyerman

Recycled oil transformer pioneer Hydrodec reports its ‘SuperfineTM’ product has completed independent quality assurance verification.

The AIM-quoted company, chaired by innovative product entrepreneur and former City magnate John Gunn, says samples of ‘Superfine’ have been sent to its customers ‘for their final approval’. According to Gunn, this initial verification ‘signifies commencement of full commercial operation’ of London-based Hydrodec’s US facility in Canton, Ohio, with customer deliveries ‘in the immediate future’.

Floated at 5p four years ago and last recommended by Growth Company Investor at 26p last year, Hydrodec shares now trade at 45p, valuing the company at £120.95 million. Some profit taking might be prudent, but there could be more growth to come.

Save 50% off your first year’s subscription to Growth Company Investor magazine, and gain immediate access to all the recommendations online. Click here.

Growth Company Investor: free trial

Since 2008, our share tips outperformed the benchmark by 281%. Take a free trial and get access to our recommendations today. Start free trial now.

Directors' Pay on AIM 2014

The most comprehensive review of AIM directors' pay available, and this year includes a record sample of 1,044 AIM-quoted companies. The full report is available to order for £365 + VAT. Click here for more info

Latest small-cap and growth company news

Daily coverage of small-cap company stocks on London's junior markets AIM and PLUS, breaking news, stock research and latest share price information for investors. Full sector coverage with all the latest news on smaller listed companies, updated several times a day with financial reports, trading statements and links to further web resources.

Popular News

Latest News

Oakley Capital previously took over legendary magazine group Time Out

Oakley grabs Damovo 30/01/2015

Private equity house Oakley Investments (AIM:OCL) has purchased IT group Damovo.

Herencia to sell La Serena 30/01/2015

Chilean miner Herencia Resources (AIM:HER) has agreed to sell the La Serena project in a deal worth $4 million (£2.65 million). 

Tags: Mining

SRT wins Malaysian contract 16/01/2015

Marine tracking specialist Software Radio Technology (AIM:SRT) has won a contract to supply its display system to a port in Malaysia.

Tags: South East Asia

Graphene still tough 16/01/2015

Materials company Graphene NanoChem (GRPH) issued a 'solid' update regarding its 2014 trading.

Cyan grabs Brazil win 18/12/2014

Smart metering outfit Cyan Holdings (AIM:CYAN) has won an order for 1,000 modules in Brazil.

Ideagen raises £17.5m and nabs Gael 18/12/2014

NHS Software specialist Ideagen (AIM:IDEA) is to acquire fellow software play Gael for £18 million.

More News