OAK 0.00% 8.0¢ oakridge international limited

Read it a little bit better, this is what I see: For the last...

  1. 1,409 Posts.
    lightbulb Created with Sketch. 219
    Read it a little bit better, this is what I see:

    For the last quarter (Q3):

    - $2,005,000 Administration & Corporate Costs
    - $292,000 Staff Costs
    - $456,000 Payments to Directors
    - $230,000 dividends paid (to bloody who? wheres my share?)
    - Only $64,000 spent on Product Manufacturing, Advertising and Marketing
    - Only $274,000 Cash Reciepts

    For the next quarter (Q4):

    - Total estimated Cash outflow ~$2,500,000 (not including 'Payments to Directors')

    So at this rate, they are spending about $12M per year with only peanuts for revenue secured....

    Anyone still think this is a great announcement?  
    Last edited by crosek: 28/10/16
 
watchlist Created with Sketch. Add OAK (ASX) to my watchlist
(20min delay)
Last
8.0¢
Change
0.000(0.00%)
Mkt cap ! $1.408M
Open High Low Value Volume
0.0¢ 0.0¢ 0.0¢ $0 0

Buyers (Bids)

No. Vol. Price($)
3 46181 9.0¢
 

Sellers (Offers)

Price($) Vol. No.
9.5¢ 5085 2
View Market Depth
Last trade - 13.08pm 20/06/2024 (20 minute delay) ?
OAK (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.