OAK 0.00% 6.9¢ oakridge international limited

iFlop Goldtooth® Enabled, page-50

  1. 240 Posts.
    Agree, but they need the revenue from iPark for the next 2 years so they don't need to do any more CR (or minimise the amount required) so the market becomes confident with the company's cash flow. The market always like to see revenue especially in tech stock so they are or close to self sufficient while allowing them to bring their core product to the market. Even if the iPark revenue are way less than expected of only $1-2M p.a for the next 2 years it will help their end operating cash flow of $8M p.a, then other opportunity from apps development from Lenze in this space will continue to bridge their self sufficiency.

    As XPE has indicated, this is just another source of revenue for them until they bring their core complete ADRC product to the market and these will be the big revenue generator for them and put their market capital in $200M+ but it's a step for them being a provider.
 
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