A good result indeed, after a slightly disappointing last quarter.
They are building up quite nicely since the Betta Group acquisition although I personally think that we are a little ways off a divi given they appear to be in growth mode having done a couple of small cap raises in the last 12 months to fund opportunities.
It is good to have the $2.5 million cash component of that Betta acquisition behind us as of the Sept qtr, and no longer dragging down the results.
Davisite, on an unrelated note, this morning I just so happened to be reading some old threads from years ago around a Resource company that you were invested in. What you were able to personally do for yourself and the other shareholders during that Takeover was amazing, so I am glad to see an investor such as yourself involved in Orcoda. Much respect.
ODA Price at posting:
19.0¢ Sentiment: Buy Disclosure: Held
