ODN (ASX) Deal completion details

Originally posted by CaymanCeltic ↑

Stefanof,

Income stream will not be realised in the time frame you may have in mind

From one of Stocks posts above and my response "Devil in the detail"

Mike Holt states -

“Another challenge is to do think globally about the business – this was never about one city or one country, but about doing it in multiple cities,” Holt said.

The third challenge is that ‘time-to revenue’ is going to be longer than what it would be for the usual consumer-facing startups, he argued.

“It takes a lot of work to get there, to be able to build a business and plan around that – seeing high-volume production with no revenue and funding it is a challenge,” he said.

“It’s not a linear business, to go for a long time to get a big jump in revenue instead of incrementally – it takes more planning and more faith, as well as the right investment, to enable that kind of business,” he added.

This really is a fantastic opportunity and is very well placed within the industry,new tech,existing global contacts and Management. A diamond in my eye. It's not just a new small start up with just a good idea. Mike Holt has been at the top of his game for a number of years and is only a Director of a handful of companies that they have given the nod via Get2Volume. Gridcomm and Semitech being two of them and will link up.

We are well positioned,this company has a very bright future.

Researching this company is actually very enjoyable and if you "DYOR" you will find a few other jems in the pipeline coming up,first in best dressed.

Great one to invest in ST or LT

CC

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Thanks CC for your informative post I gave you a tick for that . Last year I was so anti odin then after research I changed my mind also the downrampers helped my decision to buy.
One has to sit back and think why are they spending so much time placing multiple negative posts it only has to be that they want the sp lower for an attractive entry buy.In Odin the down ramping was epic which made myself take out a larger possition than originally attended , with research this strategy has been most beneficial to myself in multiple stocks.
Just think out of the ********* this has a risk I'm very happy with
heers and goodluck