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Ann: Shareholder Update June Quarter 2016-OBJ.AX, page-25

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makattack

34,916 Posts.

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27/07/16

13:34

Post #: 18378201
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Originally posted by hopeful2 ↑

Mak

"History has shown that 13.5c it hit for 2 seconds did overshoot the mark"

Finally, at last, you admit that OBJ has been overvalued at some stage!! Now all we have to agree on is by how much it was overvalued.

"But history also shows that your continual claims of OBJ being over-valued was WRONG. Yet you keep showing up with the same stupid arguments presumably in the hope that one day you'll be right."

I dispute that wholeheartedly. On the contrary, history has shown that my "stupid" argument has been correct. It is the market that has got it wrong over the past two years - "history" has proven that to be the case, utilising any metric you choose to engage. The fact that the SP has held ground above 5 cents is mainly due to the constant incentive of unfulfilled "promises" supplied in the company announcements and a certain broker's over-enthusiasm (and partly due to the over optimism and lack of objectivity of posters on HC, some of whom have made outrageous predictions of $1 by Christmas (2015) and, more famously, 35 cents by this July). It is the OBJ faithful who live "in the hope that one day you'll be right", not me. On an anonymous forum what purpose would it serve for me to continue with a consistent argument just so that one day I might be proved "right"? It is an absurd proposition merely designed to ridicule my stance.

The fact remains that despite all the "irons in the fire" and "potential", the promise of real revenues has yet to be realised and on that basis my argument is incontrovertible. How can people put so much faith in unspecified revenues generated at the whim of a company like P&G? If P&G are such great partners why have they made no mention of OBJ's technology with their recent product releases? If they are such fantastic marketers why did they release the wand (apparently in a "highly successful" soft launch) and then....NOTHING about it for over a year now. Surely if you have a successful launch of a new technology you run with it HARD, damned hard. You maintain the momentum, you capitalise on the hype and "success". What have they waited so long for? Competitors? The Olympics? Donald Trump? It is just farcical that the opportunity has now passed and the new innovative technology is now "old". It is difficult not to conclude that they have dropped the ball on this one.

Anyway, as I said years ago, time will tell. I think time has already told its story. I just wonder how long will investors keep telling themselves they are onto a winner with OBJ at this high SP? More importantly, how much revenue will all these "pipeline" deals produce and will it even come close to justifying the current MC. There must be more doubters out there now following this quarterly. But no, I read on HC that there is big announcement due out next week so I must be wrong...yeah right! Of course, I'm a non-holder therefore must be a down-ramper - only the faithful holders have the credentials to comment correctly on the OBJ threads. Keep saying it and it's bound to be true........the saga continues....

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I dispute that wholeheartedly. On the contrary, history has shown that my "stupid" argument has been correct. It is the market that has got it wrong over the past two years

BTW lolvh (very hard). I'm right, everyone else is wrong...hahahaha....that's exactly what my 9 year old says.

OBJ Price at posting: 7.7¢ Sentiment: None Disclosure: Held
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