Fair enough wfw, it is what I and everyone else wants to hear.
Unfortunately there is the hype verses the reality, ‘We have a long way to go’, is not going to cut it, imo, it needs to happen this year, the longer it takes for Obj tech to be widely commercialised the less creditably, in the eyes of sophisticated investors, it will have, imo.
In regards to Glynns legacy he may have been handicapped by the fact that Obj IP/tech is not quite as good as ‘we’ think, if the opposite then he/BOD has, until this time, only brought obj tech to the P&G beauty range (to our knowledge).
That is a remarkable achievement though offset by a ‘soft launch’, insignificant revenue figures, (at this time) with absolutely no guidance/ forecasts to end revenue. Confidentiality issues fine but perhaps not what sophisticated investors want to hear.
Hurdles: have jumped the first, products with Obj tech in the market, as relevant as the first, the second will make or break .... killer sale figures DIRECTLY attributed to Obj tech.
‘Then we will see what P&G really have in store for our tech ...”, do you realise this is a double edge sword!
Significant market share, attributable to Obj tech will be blue sky, what do you think will happen IF this is not the case?
That ‘we need to open up the gates’ .... I would think that this has been already be done, if not WHOSE fault is that!
Imo, this company, at this time, is definitely not undervalued, disappointing future revenue from P&G and failure to sign new deals will make the current sp look overvalued.
OBJ Price at posting:
3.7¢ Sentiment: Hold Disclosure: Held
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