I completely agree with the above and all shareholders should show their anger at what is happening before i get shot down I am one of the lucky ones still in the green. We should also start organising what is asked at agm . I have also sent this to matt and will do so to all directors
I was in pno same directors is this going same way (i lost a larg investment ) no communication with them either .
"I am a long term share holder of OBJ and hold in excess of 2.8m shares . I am contacting you regarding the significant and continuing fall in the OBJ share price. I trust that the fall, which today has seen a multi year low of 4.1c, is of significant concern to the board and management and my question is what immediate and effective action is going to be taken to rectify the situation.
The absolute lack of buying interest suggests that the market has no confidence that the current board and management, has the expertise and capability to commercialise our core technology. Unacceptably slow progress on some previously advised applications (bodyguard and surface hygene) and a combination of poorly presented and financially deficient information in others (P&G), has not only contributed to this, but also exhausted the enthusiasm of a growing number of existing share holders.
The patience of investors who have supported OBJ for many years is wearing thin and they deserve and need some positive and immediate corrective action.
The board and management have to accept the the ultimate and only measure of a listed companies success or failure, is its share price performance.
I look forward to you further advise,"
OBJ Price at posting:
4.6¢ Sentiment: Hold Disclosure: Held
(20min delay)