I SPECULATE that while 3M doing their tests (with the 60days extension in place now), OBJ can't make any move. Why would you test a technology if you know it is about to be sold to someone else. Something is going on there in term of timing between the 3M and the FMCG. We don't know for sure as confidentiality make it hard to see any detail. The LOI is marked price sentitive and with lots of positive word. This all make me in this stock.
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letter of intent, page-2
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