ODA 12.8% 17.0¢ orcoda limited

Ann: Investor Presentation - October 2016-SMA.AX, page-17

  1. 1,188 Posts.
    Seriously .. when do you hear that the revenue, albeit, on 3rd party apps has dropped from $2 mil to $600k and yet 'expected' Gross profit is increasing from 60k to 110k ... 'anticipated' this .. etc etc .... far out ... this is going .. NO WHERE ... when are they going to post a profit ? .. of even be cash flow positive .. get out Ganesha ... Fudgy .. you bought in at 2.8c .. its just not happening ... better to invest in a serious company and wait for uplift .. MBE for instance ....SMA is seriously risky ..
 
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