29 July 2014

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

Mytrah update on assets 25/07/2014

Indian wind power producer Mytrah Energy (AIM:MYT) provided an update on its portfolio.

Tags: Windpower

Bacanora joins AIM 25/07/2014

Mexico-focused mining group Bacanora Minerals has joined AIM in an IPO that raised £4.75 million.

Tags: IPO

Horizon announces Otsuka team-up 25/07/2014

Pharmaceutical research tools specialist Horizon Discovery Group (AIM:HZD) announced a partnership with Otsuka Pharmaceutical Development.

Sylvania busy in SA 24/07/2014

Platinum producer Sylvania Platinum (AIM:SLP) issued a fourth quarter update on its operations in South Africa.

Tags: Mining

Nasstar grabs Kamanchi 24/07/2014

Cloud computing specialist Nasstar (AIM:NASA) has purchased IT outsourcer Kamanchi for £2.5 million.

Tags: Acquisition

Iomart receives PE bid 24/07/2014

Cloud computing specialist iomart (AIM:IOM) has confirmed that it received a bid from private equity firm Cinven Capital.

Tags: Takeover

More News