I believe the next major catalyst to super charge the SP will be the announcement of our next partner which I feel will happen within 4-6weeks.
My predictions in order of likelyhood are Pfizer (signingup a PDA for Hot Dots for VMS product) or Clorox (PDA for commercial surface hygiene) with Reckitts and Beiersdorf by Sept.
These names will send the SP well past previous SP predictions.
So in order to break well free of 10.5c just one of these names will do it easily.
Also this company is virtually unowned by the institutions so when they come into buying this stock on market watch out.
The revenue stream that OBJ is setting up is very large $$bns, very diversified, USD and Euro denominated (nice currency hedge) and very defensive.
A company with a burn rate of just $2.5m/yr , $20m tax losses, and $8m cash in bank with absolutly no need to to a CR in my life time collecting what could be (end 2017) circa $75-100m in royalties will be a multi Billion dollar company paying substantial dividends and capital returns.
It is a unique company in a unique position with the worlds largest FMCG and Pharma companies all wanting in.
A very happy holder in my super fund
OBJ Price at posting:
9.5¢ Sentiment: Buy Disclosure: Held
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