Ann: Investor Presentation, page-143

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BazTokyo

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25/05/17

12:37

Post #: 24906855
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Originally posted by makattack ↑

More than one guy has made bold predictions in the OBJ space.

Yes but you highlighted the $1 one didn't you? And yes more than one has boldly predicted OBJ share price will drop back to 2c and 4c etc etc over time. So what? They're just predictions of people willing to stick their neck out. These prediction extremities do not represent the thoughts of the majority who will undoubtedly sit some where in between. And yes you'd expect there to be more predictions of an increasing share price than a reducing one because most posters will be ones who believe in OBJ and their future. You almost always have more believers of a company posting on HC than not.

If this is so definitive why has the market responded with such disinterest?

Definitive? Very few have suggested it's definitive, just that it's represented far more information than they've ever provided before. You should be asking yourself why now? That's the important question. I know why. OBJ is finally going commercial. How has the market responded? With caution as they should. OBJ has not achieved what most shareholders thought they would achieve in ones expected time frames so caution is expected. Additionally, the speculative market is going through a tough time right now, and there isn't the amount of speculative cash flowing as we have seen in periods of the past.

Bottom line, nothing has predominantly changed from a market perspective, the market is looking for proof of revenues. We now know a lot more on the company's own views of the timing and how they will achieve this than we did a week ago. And that to me is a huge positive. This information that was not available before is what piques the interest of a new class of investors, those that will only invest once they can see proof of revenues. We know they are coming.

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Still confused as to why the update was not price sensitive, yet a similar ome for psy today was marked price sensitive and they saw a 20% jump. Overall an odd market place the asx...

OBJ Price at posting: 5.5¢ Sentiment: Hold Disclosure: Held
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