OAK 0.00% 7.0¢ oakridge international limited

Ann: Quarterly Activities and Cashflow Report-XPE.AX, page-75

  1. 3,335 Posts.
    lightbulb Created with Sketch. 120
    You gotta spend money to make money...

    All companies in some way or another increase there spend or show it on paper to reduce tax!

    Furthermore..we've had a huge qtr, relocation costs, lots of travels, flights, accommodation etc. etc..

    Once the team all settle with momentum this will be managed much better, at the moment we are in Business Development Phase and rubbing shoulders with Tier 1 Enterprise partners (you dont want to look cheap when dealing with the likes of Intel and Microsoft)

    - I'll take a guess and say, the team has been confident in such spending based on visibility of our pipeline

    I've seen worse papers with mining companies that apparently dig holes!!!

    Looking forward to the revenue margin from Codium next qtr also
    Last edited by W007: 28/10/16
 
watchlist Created with Sketch. Add OAK (ASX) to my watchlist
(20min delay)
Last
7.0¢
Change
0.000(0.00%)
Mkt cap ! $1.889M
Open High Low Value Volume
0.0¢ 0.0¢ 0.0¢ $0 0

Buyers (Bids)

No. Vol. Price($)
3 3695 7.0¢
 

Sellers (Offers)

Price($) Vol. No.
8.6¢ 93 1
View Market Depth
Last trade - 10.38am 30/08/2024 (20 minute delay) ?
OAK (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.