I am not sure people are reading this announcement correctly.
SMA makes reference to its strategic and ongoing marketing investment. It does not make reference to extreme expenditure this quarter.
Marketing is an ongoing expense for every single business. They could have spent $100k on marketing. Who knows until the quarter. People immediately make the assumption they have spent all the funds. Incorrect!
Ann: China Revenue Update, page-52
Add ODA (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
17.5¢ |
Change
0.020(12.9%) |
Mkt cap ! $29.60M | |||
| Open | High | Low | Value | Volume |
| 15.5¢ | 17.5¢ | 15.5¢ | $18.21K | 109.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 34052 | 17.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 19.0¢ | 49974 | 1 |
View Market Depth
| Last trade - 13.38pm 10/07/2024 (20 minute delay) ? |
| ODA (ASX) Chart |