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Ann: Shareholder Update June Quarter 2016-OBJ.AX, page-9

  1. 34,916 Posts.
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    Over two years ago, I was told by some that my arguments about the high MC (at that time it was over$200 million!!) were irrelevant because I was failing to factor in "potential" and that if I was to return in a few months or a year then the MC would be justified. Well, two years on I am repeating my criticism and from this latest report see no reason to change my stance.

    lol, 2 years ago the share price was the same as it is now. So I guess if it's been 2 years then the marketcap is justified? Or what justifies a marketcap? The only time the marketcap has been $200mill was a very brief period when it hit above 11c. If I remember correctly you've been calling the marketcap too high for years (vaguely remember you making sub 4c calls when pressed for a fair marketcap) yet here it is still at same levels it was 2 years ago.

    You were WRONG so please don't give us this holier than holy tripe.
    Last edited by makattack: 27/07/16
 
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