OAK 1.45% 7.0¢ oakridge international limited

Ann: Company Update, page-32

  1. 676 Posts.
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    I still wonder why they wanted to acquire Codium in the first place... I mean to say we already have the programs written and the ADRC technology is already ported ... so why did we need to pay for more "brainpower" when we already had it??

    As I understand it, we are nearly at the commercialization stage of the game so the hard yakka has already been done!!!

    Maybe this acquisition was a "revenue buying" initiative to bolster earnings to meet the KPI's?????

    Anyway at this stage of the game I believe we are better to preserve the cash holdings as we enter into these exciting times.
 
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