Ann: Trading Halt, page-32

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cmk1969

3,636 Posts.

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20/04/17

11:19

Post #: 24163269
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Originally posted by hopeful2 ↑

Good observation Mak. Just one question......During those THREE YEARS what is the TOTAL amount of revenue that the announcement has produced? I understand that people are excited by the news that OBJ's technology is to be used in a second product but what does that actually mean. Historically it means nothing (for the next three years) and yet the Market Cap for this company still compares to other companies making tens of millions of dollars of profit per annum. If we use history to predict future earnings then we are looking at a situation three years further down the track where OBJ is still nowhere close to covering its wages/consultancy bill each year. I can't help thinking that the timing of this trading halt is just a ploy designed to mitigate the negative effects of a disappointing announcement of the financial situation due at the end of next week. Good luck anyway...

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'I understand that people are excited by the news that OBJ's technology is to be used in a second product but what does that actually mean.'

Feeling alot sorry for you Hopeful2 as your above statement and your entire post tells me you understand nothing. OBJ have already signed their 4th Licensing Term Sheet with P&G.....so that means 4 products (one on the shelves and 3 on their way as I type).

This Trading Halt is not for a 'Product' or second product as you imply, it's for the Licensing of a Second Technology Platform that P&G will no doubt apply to multiple products/brands/work plans. Good luck anyway...

Last edited by cmk1969: 20/04/17

OBJ Price at posting: 6.7¢ Sentiment: Buy Disclosure: Held
47 Upvote

0 Great analysis

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