ODA 3.23% 16.0¢ orcoda limited

is there a leaking ship ??, page-6

  1. 1,656 Posts.
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    I didn't know SMA sold ships. They are pretty diversified...

    On a serious note, the next quarterly is out this month. A market update between now and the quarterly would help manage shareholder expectations concerning China Mobile, performance growth and any capital raising. I'm surprised the last $1m raised lasted so long. If the China Mobile deal isn't to be sealed before a cap raising, I suspect "sophistocated investors" will be engaged again rather than options or shares being issued to ordinary holders.

    Because the China Mobile ann is taking much longer than expected, I think a significant positive or significant negative announcement will be coming shortly. "Government administration" has been such a vague concept for shareholders up to this point that noone can invest with strong or poor confidence. A market update before or with the next quarterly is all investors need to clarify "government administration".
 
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