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Ann: Appendix 4C - March 2017 Quarter, page-93

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28/04/17

12:09

Post #: 24327756
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Originally posted by jasetheace40 ↑

There seems to be an ongoing qualitative disparity between the fundamentals of the company (which, by all accounts, is excellent) and those who are "steering the ship" so to speak. For the latter to allow share market volatility in relation to the company's share price at this critical juncture is really inexcusable. The share price should be going up, not down. Notwithstanding obligations of confidentiality, the problem lies with communication from the company's management to the market. They have yet to properly grasp the need to effectively balance their contractual obligations of confidence with their partners with the need to properly inform the market about the company's affairs. The latter is obviously not receiving priority. They may very well have their own valid reasons for doing so. However, the market is thoroughly unimpressed with that stance right now.

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Maybe a fresh, switched on business marketing person / director is needed. There just seems to be a lack of enthusiasm that comes through in announcements despite the excellent progress and fundamentals. I still think the future in OBJ will be fantastic but share other long term holders' frustrations.

OBJ Price at posting: 6.3¢ Sentiment: Buy Disclosure: Held
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