ODA 6.25% 17.0¢ orcoda limited

Ann: Investor Presentation - October 2016-SMA.AX, page-33

  1. 3,701 Posts.
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    What I dont understand is how this stock is still trading above 2 cents.

    It fails every quarter yet the optomists on here just assert that anyone who is negative must be a downramping trader. I sold the last of my stock on 1/2/2016.

    And I have no intention to buy back in.

    The latest presentation basially says our low margin business model is broken but dont worry we will replace it with a high margin business model.

    Who in their right mind believes this crap.

    Any sane business always tries to start with a high margin business and normally only reverts to low margin because they cant get enough high margin to make a profit.

    The only certainty here is that a capital raising is not far away.
 
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Last
17.0¢
Change
0.010(6.25%)
Mkt cap ! $28.75M
Open High Low Value Volume
16.0¢ 17.0¢ 16.0¢ $25.69K 154.2K

Buyers (Bids)

No. Vol. Price($)
1 10000 17.0¢
 

Sellers (Offers)

Price($) Vol. No.
19.0¢ 115185 2
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