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5.00%

9.5¢ orbital corporation limited

Two million turnover, page-6

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sikadeer

5,065 Posts.

130

18/07/14

12:09

Post #: 13679694
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Originally posted by bobadah ↑

Certainly the quickest I have ever seen!! Assuming they have made a profit to 30 June sufficient to meet the buyback cost with a bit left over, then our earnings per share has just increase about 10%.

Of course, it is a long time since the Orbital SP has been anywhere near as much as the Synaject value so in theory a buyback is well worthwhile. However, there has always been a fear among shareholders that they would gradually sell of Synaject to keep paying their own salaries. If we have actually moved into a true profit mode then there is a chance yet that Orbital's SP will move to reflect the underlying values. We can only wait and see (about 22 August usually), but over the years I have learnt not to hold by breath.

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And when they double profit that'll be 20%.

Onward, forward, upward. Further, faster, higher.

Is it a bird? Is it a plane? No. It's SUPER INJECTION.

Last edited by sikadeer: 18/07/14

OEC Price at posting: 15.5¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 9.5¢		Change -0.005(5.00%)		Mkt cap ! $14.60M

Open	High	Low	Value	Volume
10.0¢	10.0¢	9.5¢	$2.865K	30.15K

Buyers (Bids)

No.	Vol.	Price($)
2	15000	9.0¢

Sellers (Offers)

Price($)	Vol.	No.
9.5¢	1	1

View Market Depth

No.	Vol.	Price($)
2	15000	0.090
1	23529	0.085
1	6000	0.084
2	28000	0.083
2	20457	0.082

Price($)	Vol.	No.
0.095	1	1
0.105	24938	2
0.115	17763	1
0.120	6250	1
0.130	195	1

Last trade - 14.09pm 06/11/2024 (20 minute delay)

OEC (ASX) Chart