Freehold any numbers presented previously are now irrelevant.
It is all Resource Connect now and the only thing available on them year to date are projections that accompanied the proposal. Next report will be the truth serum. All the old directors gone ( who have previously represented over 60% of the costs ) so it is really unknown.
You are now looking at a newly listed Saas logistics organisation with over 6.5 billion shares on issue. Cash burn, who knows? Past performance shows they have been very effective at torching shareholders funds. Annual loss is likely to be very substantial again.
Would you feel confident entering into a substantive arrangement for the provision of services with an organisation having a negative net worth of over $70million. I would like some confidence that my service provider was going to be around before I committed my shekels. I don't know if there is anything unique in the service offering however if there was genuine coin in it would you not suspect the big boys would be all over it?
Anyways for longer term holders this is not what they bought. Only time will tell if the recent reset is a good thing or she remains a directors lifestyle organisation.
I like to watch
- Forums
- ASX - By Stock
- ODA
- Ann: Board Changes
Ann: Board Changes, page-16
-
-
- There are more pages in this discussion • 15 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add ODA (ASX) to my watchlist
(20min delay)
|
|||||
Last
18.0¢ |
Change
-0.005(2.70%) |
Mkt cap ! $30.44M |
Open | High | Low | Value | Volume |
18.0¢ | 18.0¢ | 18.0¢ | $1 | 3 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 32500 | 14.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
17.5¢ | 3 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 32500 | 0.145 |
1 | 30000 | 0.140 |
1 | 2000 | 0.130 |
1 | 60000 | 0.050 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.175 | 3 | 1 |
0.180 | 95997 | 1 |
0.195 | 2330 | 1 |
0.200 | 66618 | 3 |
0.210 | 50000 | 1 |
Last trade - 11.14am 04/10/2024 (20 minute delay) ? |
Featured News
ODA (ASX) Chart |