ORL 0.00% 43.5¢ orotongroup limited

Ann: Chairman's Address to Shareholders , page-4

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  1. 1,029 Posts.
    lightbulb Created with Sketch. 27
    Agreed RStuff, the quality of management is not in question. But how much does it really cost to fit out a new store. Half a million? A million maybe? Oroton can easily fund current plans for 4 new stores a year out of cash flow.

    At 4 new stores a year it would take a decade to invest the $27 million - and it ain't earning great interest in the bank.
 
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