Hi Pman and amg,
I do agree that there will always be others privy to sensitive information "along the chain" and I accept that this is also what maka makes reference to in earlier posts, however the main topic of debate is whether or not this is reflective on market with increase of volume and price?
If you look at Note 7 on Pg.16 of our recent interim financial report one might also argue that there is more incentive for those "in-the-know" to keep the sp down...
Is everyone here aware of the most recent 15m performance rights that were granted to various consultants as part of their remuneration?
28 February 2012
NOTE 7: SHARE BASED PAYMENTS
The fair value of the performance rights granted were independently valued and took into account the following:
* 1.9 cents underlying value of an OBJ share trading on ASX as at 25 November 2011; and
* 20% discount on the underlying value due to performance rights not having any rights to vote, no rights to receive dividends and no rights to participate in any surplus assets on a wind up of the Company.
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