12 mill sell order, page-77

MrUpsideDown

To make this feasible, you need to factor in the circumstances as well. We know that OBJ is expected to make an announcement regarding 3M, and it is delayed. A delay is generally regarded as negative, so the share price will drift down.

I can't agree with you on this one. If fact quite the opposite.

A termination or an extension to any MT agreement must be negotiated before the expiry date. It expired on Oct 6.
Should the final results of the MTA satisfy all 3Ms requirements and they wish to start a negotiation period to nut out the terms of a deal, would this not be a more acceptable reason for our current delay?

Fluffy,

You do make a good point but imho I firmly believe we'll be presented with an Ann with the words "Licensing Deal" incorporated in the headlines before we see New Years Day. And besides I asked my eightball 3 questions last week (if you're not sure an eightball is like a crystal Ball except the eightball never lies ;)

Q1. Will a deal be announced this week? Answer. Not A Chance

Q2. Will a deal be announced before the end of this month? Answer. Don't count on it

Q3. Will a deal be announced before the end of the year? Answer. Without A Doubt!

Aimless,

Sorry to hear you sold but I had a laugh with your post on that day.

"decided to dump was planning to keeping a few after my stop was hit a couple days ago now you are guaranteed an announcement this afternoon good luck all"

How many times has this happened with other stocks? It always seems to happen to me too mate. Good on ya.

You did just bring up a very valid point imo re spp except I think you might have meant to say share placement. One which is only offered to the sophisticated investors and most probably should this occur, it will be managed through Novell Capital.

This may very well be the answer we are looking for and the reason why the price is being kept low and also to why we saw a huge single dump yesterday. It would all make sense then imo. If you're a soph and you're aware that you're about to be offered a placement at 20% discount to the current sp - being the av of the previous 5 days, would it not be feasible then to sell down your current holding?

Although most of us may miss out on any such placement it would beg the question, and a very positive one at that why would OBJ require a very quick injection of funds when they already have enough to cover all standard operational costs

Another very positive sign should this occur