The drop in sp may have been manipulation and ongoing risk aversion by holders reducing holdings but sentiment is now changing and it may be too early for some(traders) to go to a straight Buy but I can see that they wont hold back for too long. Maybe last chance to get in at this level.
One thing is certain and that is that market enthusiasm over the next week should grow.
3M strategy has been to move forward with several smaller acquisitions in the past and I remain confident that OBJ will be obtained by them in due course.
Therefore the upside potential here will be enormous if this is how it plays out.
Management have remained very disciplined and the focus surely is to close a deal for their technology.
Happy to be holding and confident that the outcome will be positive.
Just My Opinion.
Cheers and Happy Easter to all.
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