‘what’s the difference’; stagnant to minus ROI on capital perhaps, (opportunity costs?) as sp continues to languish, I have observed that the mood is suggestive (on HC) that rather then quarterly expectations there is now a time frame of 1 year to 2 year expectations.
Thats both good and bad, imo, new investors may wish to enter at far later dates, I.e 12 to 24 months time, they may need to see solid fundamentals, such as multi-apps of OBJ science in the market place, huge emphasis on the ‘multi’, imo, ‘hype’ of a decent revenue stream, from multi apps, in the medium term, should generate a positive sentiment, not sure IF only the one further app will cut the mustard.
’New’ RIs absolutely beneficial to the sp, a cornerstone investor would certainly add to a positive sentiment, imo.
Imo, on the above happening, I would then be bullish on this stock, (multi apps in a short time frame) for what’s that worth, lol, at this stage with the current sp mere pips downward will translate to significant losses, why would you add at this time??, (sorry Johnny Reb) most relevant question, imo, is this; as much as this stock is being supported at the current level is there any chance of sp weakness?, I am inclined to say ‘yes’, to fund multi apps, fairy close to each other, where will the funds come from?, nothing is for ‘free’, any ‘middleman’ will divert funds to themselves (ROI) first, thats the reality of the business world, imo.
That ‘clarification’ of funding may then set the sentiment for going forwards, imo.
Not sure if you read my posts Lionheart, but from here on in, imo, upside should outweigh the downside, should be more chance of pips plus upward than downward, that is: likely hood of sp weakness?, imo, 3 or four pips (yes, a huge call, lol), in the event of two plus apps outside current P&G app, then expect to see way North of mere pips.
Not sure what your exit plan is, (minimisation of losses?, no need to disclose though), surely this stock cannot lose any more than a 3 or four pips, upside if the Olympic team can commercialise multi apps fairly close to easy other?, hype on that event should revive the interest of new investors, imo, of course, go well.
On reflection, perhaps there is some market ‘recognition’, albeit not as current holders may appreciate’, what would the sp of OBJ be if the previous BoD were still in place??, imo, on the ‘ropes’ perhaps!
OBJ Price at posting:
1.6¢ Sentiment: None Disclosure: Held
(20min delay)