Geodynamics

Geodynamics (GDY)

Stock Code

GDY

Stock Exchange

ax

Geodynamics (GDY) is solely focused on the development of renewable geothermal energy from Hot Fractured Rocks in Australia. The Company’s HFR geothermal tenements are held in New South Wales, Queensland and in the north-eastern part of South Australia. The Company holds two geothermal exploration licences in South Australia and two in New South Wales, with one of its resource in the Cooper Basin. Geodynamics listed on the Australian Stock Exchange (ASX) on 12th September 2002. HDR geothermal energy depends on existing technologies and engineering processes.

Geodynamics Dividends

1 September, 2010 - 13:29

Study the dividend history for GEODYNAMICS LIMITED. Dividends are a distribution of a company's profit to its shareholders and paid out in the form of a cash dividend. You are eligible to receive GDY dividends if you own the GEODYNAMICS LIMITED shares on the ex-dividend date. Traders and investors must purchase the stock before the exdividend date to be entitled to the dividend. The previous owner of the shares will receive the GDY dividend if you buy the stocks on or after the ex dividend date.

Geodynamics: Loser


Geodynamics was the worst performing stock on the Australian sharemarket this week. (Loser of the week for week 43 of 2006) Geodynamics (GDY) closed the trading week 19 percent lower. The GDY share price has slumped on news that the federal government’s decision not to offer a grant to support its proposed Stage Three 40 megawatt demonstration power station. Geodynamics was hoping for a slice of the government’s $500 million Low Emission Technology Demonstration Fund.

Winner: Geodynamics (GDY)


Geodynamics (GDY) is the winner of the week for Week 31 of 2006. The stock went up 35 percent during the week on hopes that the company may receive a $75 million grant from the Australian Government. The company was recently a loser of the week. Here is a previous stock recommendation.

Geodynamics (GDY) Shares Recommendation


ABN Amro have downgraded their rating for the Geodynamics (GDY) stock to Hold from Buy decreasing their share price target from $2.73 to $0.68 and a valuation of $2.73. The broker has slashed its price target as it sees the company entering a period of uncertainty following the resignation of the MD and delays and other problems with its drilling program. The broker is waiting for some evidence of success and stability of its drilling for geothermal prospects in the Cooper basin.

Geodynamics (GDY): Loser


The loser for this week is Geodynamics (GDY), an alternative energy company, which fell to a three-year low after a major setback to its drilling program closing the week at 73 cents. Notice the crossover in EMA's leading to a prolonged down trend for the stock since April when it roke out from trading sideways.

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