What I find incredible is some of the stocks out there that have a higher market cap then OBJ.
for example, compare these 2:
LYC
Market cap:184 million
Risk: Huge debt they cant service. They are on their knees begging the financiers to extend the repayment dates while they try to raise 80mil from holders to keep the company going for a few more months. It doesn't get any more risky then this.
Reward: This company might make a profit if there is a big surge in the commodity prices of what they mine, but holders wont get much of it given the massive upcoming dilution and the cost of servecing huge debts with loan shark like terms.
OBJ
Market cap:146 million
Risk: Almost none. No debt, partners pay the expenses and take on all the risks.
Reward: Cost free royalties on existing billion dollar brands. One product released for now, many more in the pipeline. Its no longer a question of if, its a question of how much.
- Forums
- ASX - By Stock
- WFL
- 13.5 close tomorrow
13.5 close tomorrow, page-5
-
- There are more pages in this discussion • 59 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add WFL (ASX) to my watchlist
(20min delay)
|
|||||
Last
0.3¢ |
Change
0.000(0.00%) |
Mkt cap ! $1.478M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Featured News
WFL (ASX) Chart |
Day chart unavailable
The Watchlist
SBW
SHEKEL BRAINWEIGH LTD
Dani Nadri, Country Manager Australia
Dani Nadri
Country Manager Australia
SPONSORED BY The Market Online