At 12 cents it would value the company at $16.2m? With $4m in the bank, OBJ R&D and registered IP and 20 products linked with Reduit in market, is this really worth $16.2m?
Lets talk Market Cap and potential. If we are making $2m EBITDA in 12-18 months time this is easily worth $60m or 45 cents. Opening might be a wild ride, but anything less than a $25m MC (18-20cents) is a steal and I’ll be accumulating.
OBJ Price at posting:
1.2¢ Sentiment: Buy Disclosure: Held
(20min delay)