OJC 0.00% 18.0¢ the original juice co. ltd

Ann: Preliminary Result Commentary, page-55

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  1. 236 Posts.
    lightbulb Created with Sketch. 47
    The Chairman has a lot to answer for. Over promised, under delivered. Massively. Failing to pay the money due, and some how getting around ASX's requirement for shareholder approval (somehow, you need approval to defer it, but can just allow it to be unpaid for 6 months without approval), is shocking.

    For all the talk of China, sanitiser, disinfectant, oil etc, very, very little has been delivered.

    The Company's biggest asset at present is OBJ, which I assume had next to zero to do with him.

    In somewhat positive news, the Eridani website has been updated and is looking better. The "Shop" section now has one product available, but you can't complete an order. The launch has to be any day now, unless they have run into some other issues. The photo of Dr Jarouche on the website, standing in front of a fence, looks very amateur but I am hoping that is due to Melbourne lockdown.

    Share price getting ugly. Hopefully sales update and Eridani news can get it moving back up.
 
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