As for level of investor, I totally agree, and I've said before that the next level of investor will only be interested once they can validate revenues. That's where institutional interest livens up. This is the stage we are at the moment, I think in 6 to 12 months this will play out and the discussion of how many shares on issue will become a distant memory.
Maka', at the very latest, I believe the commencement of serious SP impacting institutional investment in OBJ -
WILL COME TO PASS ON MONDAY THE 31ST AUGUST, 2015.
How do I know such a thing? Firstly... I could be wrang (standard disclaimer) - but I don't think so. Let me address that possibility I am wrang (sorry guys... I have trouble in real life saying I am wrang... much less spalling it).
The above date is based on an assumption - the assumption OBj IS earning greatly increasing revenues from P&G - sourced from an increasing number of new countries (welcome Indonesia) in this current financial half. But until the money is in the bank - it is, ultimately, an assumption.
But you know what - it is a fair assumption - just based on what is/has come in from Korea alone in the 2014 second financial half - so I am going to run with it...
So if OBJ are currently experiencing this greatly increasing amount of revenue - when will we see proof - and thus, when will we see serious SP impacting institutional investment in OBJ?
It could be in one of the next 2 quarterlies - or it may not - it depends on the billing cycle/system and/or what the billing/system cycle is based on (ie - sales, wholesale numbers, number of wands manufactured, etc), which we just don't know. But we were surprised this week with the half-yearly - and OBJ is developing a habit of surprising, so this is a real possibility.
But this is not the certainty I am referring to. Irrespective of OBJ's billing/system cycle with P&G - the coming August half-yearly will capture all that information - just like the last half-yearly. Except it won't just be for Korea - it will capture all the numbers - for ALL the countries SKii is currently in - from Japan to Hong Kong, from China to Korea. And those numbers - I am assuming from what we already have seen in the marketplace - will be RIPPERS!
So when the next financial half-yearly comes out - at the latest on Monday August the 31st - there should be certainty in the numbers for the big institutions to buy in - and OBJ will be well and truly on it's way!
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