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20.0¢ orcoda limited

Ann: Groundbreaking Patent Granted by United States Patent Office, page-6

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LD99

6,892 Posts.

1341

15/12/21

11:46

Post #: 58306057
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Originally posted by toby9562: ↑

The $1m cash was paid at settlement in December 2020. The $2.5m of consideration shares were issued on 11 December 2020. The earn-out consideration is the only liability left in relation to the Betta acquisition. This is maximum $500,000 now and then $500,000 in 6 months. So only 1m left to pay in total and plenty of cash in the bank.

I still don't see the need for a cap raise. Happy to be corrected though. I have only just started researching the company.

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Trading activity is pointing towards some uncertainty, usually the market loves these announcements.

ODA Price at posting: 15.0¢ Sentiment: None Disclosure: Not Held
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(20min delay)
Last 20.0¢		Change 0.005(2.56%)		Mkt cap ! $33.83M

Open	High	Low	Value	Volume
20.0¢	20.0¢	20.0¢	$2	11

Buyers (Bids)

No.	Vol.	Price($)
1	50000	19.5¢

Sellers (Offers)

Price($)	Vol.	No.
20.5¢	21031	1

View Market Depth

No.	Vol.	Price($)
1	50000	0.195
1	5634	0.185
1	20000	0.180
1	8970	0.160
1	32200	0.155

Price($)	Vol.	No.
0.205	21031	1
0.220	24474	1
0.225	13333	1
0.250	10000	1
0.255	67000	2

Last trade - 11.30am 03/06/2024 (20 minute delay)

ODA (ASX) Chart