ODA 0.00% 18.5¢ orcoda limited

Ann: Investor Presentation - October 2016-SMA.AX, page-33

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  1. 3,701 Posts.
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    What I dont understand is how this stock is still trading above 2 cents.

    It fails every quarter yet the optomists on here just assert that anyone who is negative must be a downramping trader. I sold the last of my stock on 1/2/2016.

    And I have no intention to buy back in.

    The latest presentation basially says our low margin business model is broken but dont worry we will replace it with a high margin business model.

    Who in their right mind believes this crap.

    Any sane business always tries to start with a high margin business and normally only reverts to low margin because they cant get enough high margin to make a profit.

    The only certainty here is that a capital raising is not far away.
 
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