Incidentally, since when is it a sure thing there will be no cap raise just because cash burn rate is on track for a comfortable amount of time? Things change. Does anyone here know definitively whether OBJ is:
- seeking to acquire another business?
- planning to build a colossal production factory?
- hoping to mass manufacture Bodyguard at its own cost while P&G does marketing and distribution?
- etc etc etc
Nobody knows a bloody thing!
I personally feel a cap raise is around the corner. My spider senses are tingling in the same rectal cavity that was rogered the last time a roadshow looked super impressive too.
And if/when there's a cap raise - will there be a stampede of TU's for posts apologising to those who have been shouted down suggesting its on the cards? Didn't think so.
OBJ Price at posting:
6.4¢ Sentiment: Buy Disclosure: Held
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