Born2Reign,
OBJ is transitioning from just a pure speckie to an income earner. Suddenly people value OBJ not on developments, tangible assets or contracts, they want to see money to apply the PE-ratio. And as there hasn't been any money flow being reported the market won't buy in and some current holders got nervous.
So far all the anns were fantastic but in the end money talks, not just the outlook of receiving it. Once the money flows and the PE - ratios justify it then the big players will come. Until then, the sp could go anywhere from here, up or down.
The technology works, the customer bought it like crazy so far, more products based on OBJ's technology are to come. That way it should be a matter of WHEN, not IF. But management is known to be a very poor communicator and the sp reflects that " keeping us in the dark ".
- Forums
- ASX - By Stock
- 2 for 15c....no this isn't the cricket score
Born2Reign, OBJ is transitioning from just a pure speckie to an...
-
- There are more pages in this discussion • 7 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
|
|||||
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